Tag Archives: security deposit

Illinois court upholds nonrefundable move-in fees under CRLTO

Illinois court affirms legality of non-refundable nonrefundable move-in fees under the CRLTO RLTO in case Steens v Mac Property

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Chicago Association of Realtors says “NO” to Chicago Security Deposits!

Local Chicago real estate agents officially recommend Chicago landlords forgo collecting security deposits from residential tenants

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2014 City of Chicago CRLTO Security Deposit Interest Rate set!

City of Chicago 2014 Security Deposit Interest Rate CRLTO Ordinance

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Unciteable CRLTO cases

Rule 23(e) case Weininger v. Haldes insight into Illinois appellate court view on Chicago RLTO enforcement of lease provisions

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Why does CRLTO compliance matter for landlords?

Chicago Landlords who don’t comply with CRLTO have trouble enforcing all of their other rights under their lease have trouble with their rentals

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No money? No Keys!

Landlords make common mistake of giving keys & possession of rental units to tenants & lessees without collecting all rent & security deposit

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2012 CRLTO Interest Rate Summary Released

City of Chicago form for CRLTO interest rate summary

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Major Alert: CRLTO 5-12-080 (security deposit) judgments not dischargeable by landlords in bankruptcy

Illinois bankruptcy case confirms that 5-12-080 violations of Chicago Landlord Tenant Ordinance are not entitled to bankruptcy discharge.

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Illinois Security Deposit Return Act amended to protect tenants from foreclosure

Illinois Security Deposit Return Act amended by HB1647 adds 765 ILCS 710/1.2 Section 1.2 requires turnover of tenant deposit in foreclosure

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Nonrefundable application fees

Many Chicago landlords employ a non-refundable fee to avoid security deposit law liability in Chicago leases governed by the CRLTO

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