Category Archives: Security Deposit

2017 Chicago Security Deposit Interest rate released!

Posted on January 1, 2017 by Richard Magnone

2017 City of Chicago Security Deposit Interest Rate for Chicago rentals RLTO CRLTO

Chicago Association of Realtors issues a Security Deposit Receipt

Posted on August 3, 2016 by Richard Magnone

New Receipt Form issued by CAR for Deposits As readers of my blog should be well aware, I do not advocate the use of security deposits in those rentals governed by the Chicago Residential Landlord Tenant Ordinance. While many landlords … Continue reading →

Posted in Receipt, Security Deposit | Tagged receipt, security deposit receipt | Comments Off

2016 Illinois Security Deposit Interest Rate Released

Posted on January 11, 2016 by Richard Magnone

State Rate Released The IDFPR has issued a news release indicating the new security deposit interest rate for 2016 for those tenancies governed by the Illinois Security Deposit Interest Act. The rate technically goes up from last year’s rate. The … Continue reading →

Posted in Interest Rate, Security Deposit | Tagged Illinois security deposit interest, interest rate | Comments Off

Update on 2016 Illinois security deposit interest rate & more

Posted on January 5, 2016 by Richard Magnone

A few quick updates: First, the Illinois Department of Financial and Professional Regulation has not yet posted the 2016 Security Deposit Interest Rate for tenancies governed by the Illinois Security Deposit Return Act on their website (update: the rate has … Continue reading →

Posted in Interest Rate, Security Deposit | Tagged security deposit interest rate | Comments Off

2016 Security Deposit Interest rate for Chicago

Posted on January 4, 2016 by Richard Magnone

City of Chicago interest rate to be paid on Security Deposits under CRLTO remains unchanged The City of Chicago has released the new interest rate for 2016. That rate, for security deposits under rental agreements governed by the Chicago Residential … Continue reading →