Category Archives: Security Deposit Interest Act

2019 State of Illinois Security Deposit Interest Rate Released

Posted on January 8, 2019 by Richard Magnone

State Rate Released The folks at the Illinois IDFPR have finally issued a press release indicating the 2019 security deposit interest rate for leases of residential real property governed by the Illinois Security Deposit Interest Act which applies to lessors … Continue reading →

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2018 State of Illinois Security Deposit Interest Rate Released

Posted on January 8, 2018 by Richard Magnone

Well, better late than never, the Illinois Department of Financial and Professional Regulation, Division of Banking today (1/8/18) released the new interest rate for security deposits governed by the Illinois Security Deposit Interest Act. That rate is

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2015 State of Illinois Security Deposit Interest Rate released

Posted on January 5, 2015 by Richard Magnone

Illinois 2015 Security Deposit Interest Rate Announced The Illinois Department of Finance and Professional Regulation Division of Banking has finally announced today the interest rate affecting the interest to be paid to tenants on security deposits subject to the Illinois … Continue reading →