Category Archives: interest

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

FINALLY! CITY ISSUES FORM. 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 … Continue reading

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Calculating security deposit interest payment on a one year lease per the CRLTO

Calculating the interest due a tenant on a security deposit held by a landlord pursuant to a tenancy governed by the Chicago Residential Landlord Tenant Ordinance should be simple enough, right?  It should be, however, because of the “high stakes” … Continue reading

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