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 ...
Years ago, officials in dozens of cities showed interest in alternatives to the traditional security deposit. That momentum ...
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Why some landlords skip security deposits
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 ...
Even if your bank fails, if your assets are in an eligible account at a FDIC-member financial institution, you will get your money back up to the FDIC’s $250,000 insured limit. Amidst a wave of bank ...
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