Nearly all rental property owners or management companies require that tenants pay a security deposit. Typically set as one month’s rent (or more), the deposit is meant to cover a landlord’s expenses ...

A Senate committee advanced a bill Tuesday that would give landlords more time to return security deposits.

Managing security deposits is a critical part of running a multifamily housing operation. But what happens when residents move out and forget to claim their security deposit refund? Whether due to an ...

More than 54% of renters split the security deposit payment with a roommate, 51% report refund terms were not well-communicated, and 41% say they’d pay a convenience fee to get an instant refund. But ...

In the City of Chicago, lessors who demand and accept a security deposit from a lessee in a residential rental agreement have a legal obligation to hold that deposit in an interest yielding savings ...