Tenants often deliver substantial security deposits when they sign leases. Those deposits are supposed to secure the tenant’s obligations. At the end of the lease, if the tenant has properly behaved, ...

Property managers must know and obey laws relating to security deposit collection and maintenance. Anecdotal estimates peg the U.S. market for residential security deposits at more than $60 billion.

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 ...

As we debate whether there will be a "soft" or "hard" landing of the economy and the resulting effect of different landings on the volume of bankruptcy filings, it is helpful to review how a ...

Landlords across the state can forget squeezing renters with hefty security deposits. A new law by Assemblyman Matt Haney enacted this week limits security deposits to no more than one month’s rent ...

Section 108(m) of the Transfer of Property Act, 1882 requires tenants to take reasonable care of the rented property, hand it ...