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Tag Archives: security deposit
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
Posted in Municipal Ordinance, Security Deposit
Tagged nonrefundable fee, security deposit
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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
Posted in Security Deposit
Tagged Chicago Association of Realtors, security deposit
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2014 City of Chicago CRLTO Security Deposit Interest Rate set!
City of Chicago 2014 Security Deposit Interest Rate CRLTO Ordinance
Posted in Interest Rate, Security Deposit
Tagged 2014, interest rate, security deposit
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Unciteable CRLTO cases
Rule 23(e) case Weininger v. Haldes insight into Illinois appellate court view on Chicago RLTO enforcement of lease provisions
Posted in CRLTO, Security Deposit
Tagged CRLTO, damage, security deposit
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Why does CRLTO compliance matter for landlords?
Chicago Landlords who don’t comply with CRLTO have trouble enforcing all of their other rights under their lease have trouble with their rentals
Posted in CRLTO, Security Deposit
Tagged CRLTO, landlord, security deposit
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No money? No Keys!
Landlords make common mistake of giving keys & possession of rental units to tenants & lessees without collecting all rent & security deposit
Posted in Landlord, Security Deposit
Tagged keys, security deposit
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2012 CRLTO Interest Rate Summary Released
City of Chicago form for CRLTO interest rate summary
Posted in Interest Rate, Security Deposit
Tagged 5-12-170, interest rate, security deposit, summary
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Major Alert: CRLTO 5-12-080 (security deposit) judgments not dischargeable by landlords in bankruptcy
Illinois bankruptcy case confirms that 5-12-080 violations of Chicago Landlord Tenant Ordinance are not entitled to bankruptcy discharge.
Posted in Security Deposit
Tagged bankruptcy, discharge, judgment, security deposit
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Illinois Security Deposit Return Act amended to protect tenants from foreclosure
Illinois Security Deposit Return Act amended by HB1647 adds 765 ILCS 710/1.2 Section 1.2 requires turnover of tenant deposit in foreclosure
Posted in Security Deposit
Tagged foreclosure, Illinois Security Deposit Return Act, security deposit
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Nonrefundable application fees
Many Chicago landlords employ a non-refundable fee to avoid security deposit law liability in Chicago leases governed by the CRLTO
Posted in Security Deposit
Tagged lease, nonrefundable fee, security deposit
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