Tenants give security deposit to their landlords before entering the rental property. And property owners return this money at the end of the lease term. But in some cases, landlords have the right to detain security deposit. In Chicago, this case has happened several times. So, if you are planning to rent a property, you should know why tenants may lose security deposit in Chicago. And in this article, you will get detailed info in this respect. So, carry on reading!
That’s Why Landlords Don’t Return Security Deposit Go through the reasons discussed in the following passage before renting a property. 1. Breaking a Lease Early Tenants have the right to break their lease early. But they need to notify their landlords earlier. But if you do it without any notification, your landlord will cover the cost of a breach from your security deposit. It actually depends on the wording of the lease and landlord-tenant laws. 2. Not paying rent A landlord can keep a portion of the security deposit if a tenant doesn’t pay rent. As a tenant, it’s a must to fulfill the contractual obligations by paying rent monthly. Otherwise, your landlord may detain the security deposit to cover the lost rent. 3. Damages to the rental property A landlord can keep the security deposit if a tenant causes any damage to the rental property. It can be holes in the walls, stains on the carpet, dirty grout, etc. Hence, as a tenant, it’s desirable to make small repairs. 4. Non-Payment of Utility Bills You will not be entitled to get your security deposit back if you don’t pay utility bills. It means you are not abiding by the rules mentioned in the lease. And your landlord has the right to keep the security deposit to cover utilities. 5. Leaving the Rental property unclean It’s a must to leave the rental unit neat and clean. In Chicago, many tenants leave trash in the apartment, personal belongings throughout the property. In this case, you will lose your security deposit. As a tenant, if you are clear by your side, you can appoint a lawyer to demand your security deposit. And you should contact a trusted law firm. Appoint a Lawyer from Here You can contact Mark Silverman Law Office Ltd. Here, you will be assured to get your security deposit back in Chicago. The lawyers of this firm handle cases at a reasonable charge. Visit depositlaw.com to know more.
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