Category Archives: interest

City of Chicago releases CRLTO 2018 Interest Summary

For all leases governed by the Chicago Residential Landlord and Tenant Ordinance (RLTO), Section 5-12-170 requires that a landlord attach a summary of the ordinance and an interest rate summary to the lease.  The City of Chicago has finally released … Continue reading

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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

Landlords may need help how to calculate the security deposit interest due to a tenant under the Chicago Residential Landlord Tenant Ordinance

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