Legal Question in Real Estate Law in Illinois
Rental home in trust
A friend of mine is renting a house and the landlord said they can only accept case because the home is in trust and will not accept another form of payment and do not write out a receipt for the cash, is this legal,something smells fishy and can they kick him out if he reports this?
1 Answer from Attorneys
Re: Rental home in trust
Fishy Indeed! It reminds me of the Louden Wainwright song "Dead Skunk in the Middle of the Road", "stinking to high heaven". Don't be hit by that station wagon car.
Trusts will take other forms of payment - the landlord/manager/trustee is probably skimming, or at least not reporting to Uncle Sam. To repeat, I think the rental agent is skimming and when he is caught, all bets as to your friend's tenancy are off. Everything the agent has done can be undone because of the agent's (probable) fraud. If your friend does not have a lease, he has no rights and without a receipt or cancelled checks he has no proof he has ever paid anything at all. He probably won't find as good a deal, but guess why.
Tell him to run, do not walk, run, away. He doesn't want to be caught in the splash when, not if, the agent is caught. When the agent feels a breath on his neck he will vanish and your friend will be on the street.
Honest people do not mind leaving metaphorical footprints.