Security deposits are a fundamental landlord protection under leases with the expectation of tenants that the deposits will be returned upon the expiration of the lease. While landlords frequently ...

A security deposit is a one-time payment a tenant makes to a landlord before moving into a property. The money acts as insurance in case the renter damages the apartment or house, the fixtures or ...

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 ...