The amount of damages can range from the deposit amount to two times the amount of the security deposit. Despite extensive regulation of security deposits in Illinois, they are still commonly used.
Therefore, the protections offered to creditors under the various "bad check" laws may not apply.
Updating the database of the Illinois Compiled Statutes (ILCS) is an ongoing process.
This list must be given to the tenants within 30 days of the tenant moving out.
The itemized list must include paid receipts stating the cost of repairs.
The Chicago Residential Landlord Tenant Ordinance (CRLTO) has strict laws, especially for security deposits, which may be why Illinois landlords are the second most likely in the country to charge a move-in fee on top of a security deposit.
Overall, Chicago has one of the most strict landlord climates in the country, which is why we say Illinois is a tenant-friendly state.known to be worthless when issued, both because such a check is not within the terms of the statute(17) and because the lender intends to extend credit, and does not rely on any representation by the borrower that there is money or will be in the account, and understands that there is a high degree of risk.One of the myths that somehow refuses to go away is the myth that post-dated checks are "illegal." They are not.In Illinois, this allows a landlord to withhold a security deposit for only one of two very specific reasons: 1) If the tenant owes unpaid rent 2) If there is damage caused by the tenant beyond normal wear and tear It’s more common for landlords to withhold money due to property damage than for unpaid rent or utilities.In fact, 82% of Illinois landlords who collect a security deposit withheld part of the deposit for property damage.Illinois landlords ranked #4 for being knowledgeable of their state laws, having a lower percentage of court disputes, and being more likely to change the locks.