Mount Prospect Security Deposit - Landlord Must Give a Receipt Upon Request
If a tenant lives in Mount Prospect and the Mount Prospect Residential Landlord and Tenant Regulations apply, the landlord needs to follow certain rules when the tenant pays a security deposit.
Does the landlord need to give a receipt?
A tenant may request a receipt for the security deposit. Then, the landlord must provide a written receipt for the security deposit.
A landlord does not need to give a receipt for the security deposit when the tenant did not ask for it.
What happens if the landlord did not give a receipt?
The Mount Prospect Regulations do not punish a landlord for failing to give a receipt.
The above article provides information about legal issues but is not the same as legal advice. Legal advice is when a lawyer applies the law to your specific situation. The information in this article does not replace the advice or representation of a licensed attorney. Law Center for Better Housing cannot guarantee the accuracy or completeness of the information in this article and is not responsible for any consequences that may result from using it. You should consult with a licensed attorney to ensure the information in this article is appropriate for your specific situation. Using the information in this article does not create a relationship between Law Center for Better Housing and you as your attorney