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Letter from Tenant to Landlord Containing Notice of Failure to Return Security Deposit and Demand for Return Illinois Form

Letter from Tenant to Landlord Containing Notice of Failure to Return Security Deposit and Demand for Return Illinois Form

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in this episode we'll be discussing Illinois security deposits Illinois state law does not have a restriction on how much a landlord to collect from a tenant for security however landlords that rent out 25 or more units and hold on to a security deposit for more than six months must pay interest from properties with five or more units in the security deposit must be returned within 30 days after the tenant vacates the landlord may have up to 45 days if deductions are to be taken but an itemized statement and receipts must be provided this channel is brought to you by a bear usa.com a provider of tenant screening and employee screening and home value reports nationwide [Music]

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