Rent a Chicago apartment and you used to expect to have to pay a security deposit: an amount, often equivalent to a month’s rent, to be handed over to the landlord as insurance you wouldn’t damage the ...
Security deposits show landlords that renters are willing to comply with their leases and take care of their rental property. By law, security deposits serve as insurance for the property owner, but ...
We get a lot of questions about landlord-tenant law and what landlords can and cannot legally do. A renter asked about her security deposit back. She says she left her duplex in good condition and she ...