Category Archives: Security Deposit

2017 Chicago Security Deposit Interest rate released!

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

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Chicago Association of Realtors issues a Security Deposit Receipt

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

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2016 Illinois Security Deposit Interest Rate Released

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

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Update on 2016 Illinois security deposit interest rate & more

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

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2016 Security Deposit Interest rate for Chicago

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

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2015 Chicago Security Deposit Interest Rate

2015 Chicago security deposit interest rate CRLTO Landlord Tenant Ordinance

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Illinois court upholds nonrefundable move-in fees under CRLTO

Illinois court affirms legality of non-refundable nonrefundable move-in fees under the CRLTO RLTO in case Steens v Mac Property

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Chicago Association of Realtors says “NO” to Chicago Security Deposits!

Local Chicago real estate agents officially recommend Chicago landlords forgo collecting security deposits from residential tenants

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Chicago releases 2014 Security Deposit Interest Rate Summary

2014 Chicago Security Deposit Interest Rate Summary Form

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2014 City of Chicago CRLTO Security Deposit Interest Rate set!

City of Chicago 2014 Security Deposit Interest Rate CRLTO Ordinance

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