Worth reading, if only for its somewhat odd logic is the U.S. Court of Appeals for the Seventh Circuit’s opinion in BBLI Edison, LLC v. City of Chicago, No. 25-1713 (July 22, 2026), where the court upheld, against a takings challenge, a city requirement that anyone who acquires a rental property via foreclosure must either enter into new one-year leases with any existing tenant who desires to remain, or pay $10,600 if a tenant chooses to vacate. …
Continue Reading CA7: Takings Claim “has something to it,” But City Requiring Owner Pay Relocation Fee To Tenants Is A “Clunky” Form Of Rent Control, So You Lose