If you are a tenant in Chicago, you should understand your rights and responsibilities in regard to your security deposit. Sometimes, landlords may violate the laws regarding security deposits in Chicago, putting tenants at a disadvantage. If this happens to you, it's important to know what steps to take to protect your rights. Have a look! Things to Do While Your Landlord Violating Chicago Security Deposit Laws
First, familiarize yourself with the security deposit laws in Chicago. For instance: Landlords should place security deposits in a separate interest-bearing account and provide tenants with a written statement of the bank name and account number. Landlords must return the security deposit within 45 days of the termination of the lease. Less any amounts withheld for unpaid rent or damages Now, if you suspect that your landlord has violated the security deposit laws, communicate with him or her. In fact, you may write a formal letter outlining the violation and asking for a resolution. When your landlord fails to respond or resolve the issue, consider taking legal action. For example: File a complaint: You can file a complaint with the City of Chicago's Department of Buildings. The Department will investigate the complaint. And if the landlord is found to have violated the security deposit laws, they may order the return of the deposit or impose penalties. Sue your landlord to court: You may also take your landlord to court. If you win the case, the judge may order the return of the security deposit, as well as any interest owed, and may also award you damages. Need Help With the Security Deposit Process? Whatever action you take, you need a lawyer to act quickly if you believe your landlord has violated the laws of the security deposit in Chicago. Count on Mark Silverman Law Office Ltd. to ensure expert help throughout the process. Visit depositlaw.com to know more!
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