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Forum / State Landlord Tenant Law / security deposit interest

I have 3 rental units in Chicago, IL. Do I have to pay interest on my tenants security deposit?

Peter Z, IL on Thursday, February 25, 2021

RE: security deposit interest

Yes, put each deposit in it's own account and give the tenant the interest it earns over the time they rent.

Posted by Scott H, VA on Tuesday, May 18, 2021

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