Being a landlord in the City of Chicago can be a frustrating experience. Did you know? Under the Chicago Residential Landlord Tenant Ordinance, a landlord needs to give the tenant a receipt for their security deposit when they receive it, and the receipt must indicate the amount of such security deposit, the name of the person receiving it and, in the case of the agent, the name of the landlord for whom such security deposit is received, the date on which it is received, and a description of the dwelling unit. The person receiving the security deposit also must sign the receipt. Failure to comply with this subsection shall entitle the tenant to immediate return of security deposit!
This is only one of numerous rules landlords must abide by in the City of Chicago. Miller Bammi LLC, a full service Chicago-based law firm, focuses on Chicago evictions, Chicago building code violations, residential and commercial closings and loan modifications, contract related matters, business formations, general litigation, estates and trusts and other areas. Contact us at admin@millerbammi.com or 312-238-9298.
Please note this is intended to give general information to the public. Although the information is generally accurate, it cannot be guaranteed and this information should not be construed as legal advice upon which a reader can rely. In all cases, please consult a lawyer before acting. This is intended to be advertising, and not solicitation, or legal advice.