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, ...

In recent years, a growing number of landlords have opted to forgo traditional security deposits, a trend driven by evolving tenant expectations and changing legal landscapes. This shift is reshaping ...

If you’re just getting into the landlord business: A security deposit is money a new tenant pays you up front, usually to cover things like necessary repairs caused by renters or a missed rent payment ...

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 ...