![]() Be sure that you are using credible realtor or apartment complex websites to search for your home. If a rental setup sounds too good to be true, then it probably is. They can help ensure that you find an apartment rented by a reputable, responsible landlord or property management company. Good websites for searching for apartments in Texas include:Īlso, consider checking with local, trusted real estate agents that serve the communities where you’d like to live. *Editor’s Note: This post was originally published in February 2017 and has been updated for freshness, accuracy, and comprehensiveness.First, you must find the best apartment to suit your lifestyle and budget. Interested in moving to Chicago? Here’s what you need to know. Most professional property management companies have processes in place that ensure timely security deposit returns and explanations of any deductions. While you hopefully won’t experience any issues with your landlord or property manager, it’s always a good idea to be informed. ![]() This article is meant to be informative and helpful and shouldn’t be taken as legal guidance. If you find yourself in this situation, be sure to consult an attorney for guidance. The landlord would also be responsible for your reasonable attorney fees and court costs. The Illinois Security Deposit Return Act states that the landlord will be liable for two times the security deposit in addition to the original deposit. If your landlord or property manager does not provide a written explanation of security deposit deductions or hasn’t returned your deposit within the above timeframes, or has breached some other aspect of your lease, you may be able to take legal action. What Happens If a Landlord Breaks the Law? If money is taken from your deposit for repairs, the landlord must provide a written statement detailing the charges and the costs along with paid receipts within 30 days.The landlord has up to 45 days to return your deposit in full.If held longer than six months, a landlord has to keep your deposit in an interest-bearing account and pay you that interest annually or credit it to your rent.This pro-tenant law grants several rights to tenants ranging from what happens with your security deposit when you pay it to how long the landlord or property manager has to give it back. Illinois’ law is called the Security Deposit Return Act. Let’s start at a high level.įirst, each state has laws regarding security deposits. Understanding Security Deposit Laws in Illinois and ChicagoĮxciting stuff, right? Maybe not, but these laws are worth researching if you’re concerned about your security deposit. With this list, consider making those repairs yourself if you can. ![]() ![]() By asking your landlord or property manager to inspect your apartment before moving out, you can identify what you may be charged for when you move out. This is where the idea of a move-out inspection comes in. When damage is a result of normal wear and tear, you cannot be charged for those repairs. These are things that go beyond normal wear and tear.
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