Tuesday, January 5, 2016

Are you a landlord in the City of Chicago? If you take security deposits, this is a MUST READ!

Landlords!  For all security deposits received in 2016 and covered under the Chicago Residential Landlord Tenant Ordinance, the interest rate you must pay on the security deposit is 0.01% which is the same as 2015.

DONT FORGET to pay the interest!  If you do not, the automatic penalty is two times the amount of the security deposit!

Bradford Miller Law PC represents Landlords, Buyers, and Sellers with all of their Real Estate needs.  From evictions to building code violations along with traditional sales and purchases, we have you covered.

At bradfordmillerlaw.com you will find helpful landlord information along with information about our firm. Our experienced attorneys have earned membership in the Better Business Bureau and we have great reviews on Yelp. Bradford Miller Law, P.C. can assist you with all your real estate needs at a very reasonable rate. Whether you are buying, selling, renting a property or need assistance with a building code violation we can help.

Posted by Bradford Miller Law, P.C.
134 N. LaSalle Street, Suite 1040
Chicago, IL 60602

Offering free legal representation to homeowners seeking a short sale.



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