Schiller Park CHAPTER 98: RESIDENTIAL RENTAL DWELLINGS § 98.09
OPERATING LICENSE TERMINATES UPON SALE
Operative Text
Notwithstanding any provision contained in this subchapter to the contrary, an operating license issued pursuant to this subchapter shall terminate upon the sale of the multiple family building or single-family rental dwelling described in such operating license. (Ord. 94-1890, passed 10-11-94; Am. Ord. 18-4110, passed 12-20-18)
Under Schiller Park § 98.09, any operating license issued for a residential rental property—whether a multi-family building or a single-family rental dwelling—automatically ends when that property is sold. The license does not transfer to the new owner as part of the transaction. This rule applies regardless of other provisions within the same subchapter that might otherwise suggest continuity of the license.
Plain English — not legal advice.
Property owners and managers in Schiller Park should be aware that under § 98.09, an existing operating license becomes void at the moment of sale and does not carry over to the buyer. Compliant operators typically ensure that a new operating license application is submitted promptly after a purchase closes, so that rental activity can continue without interruption. Sellers and buyers alike commonly address this requirement during the transaction process to avoid any gap in licensed operation.
General guidance for property managers — not legal advice for your specific situation. Consult an attorney for advice on your case.
Schiller Park § 98.09 establishes that when a rental property changes hands, the prior owner's operating license is no longer valid. Tenants may want to be aware of this rule if a building is sold, since continued rental activity by a new owner without a valid license could represent a code compliance issue. Tenants who have concerns about whether a new owner holds a proper operating license can generally inquire with the local municipal office or reach out to a tenant-rights organization for guidance on available options.
General guidance for tenants — not legal advice for your specific situation. Consult a tenant-rights organization or attorney for advice on your case.
Generated November 11, 2026 — auto-generated, not yet human-reviewed. See /transparency for methodology.
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