In the City of Chicago, lessors who demand and accept a security deposit from a lessee in a residential rental agreement have a legal obligation to hold that deposit in an interest yielding savings ...

Rent a Chicago apartment and you used to expect to have to pay a security deposit: an amount, often equivalent to a month’s rent, to be handed over to the landlord as insurance you wouldn’t damage the ...

In recent years, a growing number of landlords have opted to forgo traditional security deposits, a trend driven by evolving tenant expectations and changing legal landscapes. This shift is reshaping ...

Insights into more lax legislation regarding security deposits came to light in a seemingly minor, administrative agenda item for the Santa Monica Rent Control Board. At the end of the board’s August ...

If you rent your apartment or home in North Carolina, you likely had to pay a security deposit before moving in. This amount is typically equivalent to one month’s rent. For some people, it can be a ...