Tag Archives: Illinois Security Deposit Return Act

State of Illinois finally announces their 2017 security deposit interest rate

2017 Illinois rate announced by IDFPR Well, it took them about two weeks into the new year, but the State of Illinois has released the 2017 security deposit interest rate for those leases governed by the Illinois Security Deposit Interest … Continue reading

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Move-out inspections in Illinois and bad faith

“Moving Week” ends today with a final installment about move-out.  If you have ever seen me at a speaking engagement on landlord-tenant law, you have probably heard me opine about what I think is a great way to manage risk … Continue reading

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Illinois Security Deposit Return Act amended to protect tenants from foreclosure

The Illinois Security Deposit Return Act was amended over the weekend.  House Bill 1674 amends both the the Illinois Mortgage Foreclosure Law and the Illinois Security Deposit Return Act.  The law is intended to protect the security deposits of tenants whose … Continue reading

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