Are you staying in a rented house or are you having any problems with your land lord regarding the repayment of the security deposit, which you have given to the land lord in the beginning? Are you searching for the rules which abide the law for the Chicago landlord tenant ordinance and the things which are to be done by the land lord and the tenant? Do not worry, you have landed in the correct platform, you can get many information about the Security deposit law and the rules which are bound to the land lord and to the tenant also. There are many things which are to be noted and fulfilled by both the land lord as well as the tenant. Some of the rules which are bound by the law are given in this article.
This will be a very useful and informational article for you. The land lord must pay or give back the security deposit money which he has got from the tenant in the beginning of the rental period as an advance. This money or otherwise known as the security deposit must be paid or returned back to the tenant within twenty one days after the tenant has vacated the house or the flat or shop or apartment or any other property which was given to the tenant as a rent for a particular rental period. So, the land lord has to return the money or the security deposit to the tenant at any cost. Before going into the house for rent, you can ask for a check sheet from the land lord to record the damages which are already present in the house before you actually go into the house for rent. This will avoid the problem which will be caused at the later stage because of damages.