At long last, the CRLTO Interest Rate Summary for 2015 is Available!


I guess landlords were getting good at making their own forms in January to reflect the new rate of interest on security deposits.  Luckily, the City of Chicago has finally released its interest rate summary required by Section 5-12-170 of the Chicago Residential Landlord and Tenant Ordinance (RLTO).  The summary (linked here) must be attached to all new and renewal leases executed in 2015.

About Richard Magnone

Co-founding member of Reda | Ciprian | Magnone, LLC, attorney at law and Illinois licensed lawyer since 1996.
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