He is very down-to-earth and is always on your side.
- Bryon P.I highly recommend his legal services.
- Christopher L.If you need to get out of a lease..it will be the best $500 you have ever spent.
- Kathy R.I would recommend Aaron A. Krolik to anyone in any kind of Tenant / Landlord dispute. He truly rocks.
- Jena D.I've worked with Aaron Krolik on two separate cases now and each time he has produced superior results.
- Steve G.Aaron is wonderful. He helped me get back double my security deposit.
- Kelly Andrews|
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Municiple Code of Chicago: http://www.chicityclerk.com
Cook County Circuit Court: http://www.cookcountyclerkofcourt.org
Cook County Recorder of Deeds: http://www.ccrd.info
Illinois State Bar Association: http://www.isba.org
Attorney Registration & Disciplinary Commission (ARDC): http://www.lardc.org
City News Chicago: http://www.newschicago.org
Secretary of State, Business Search: http://www.ilsos.gov/corporatellc
The Security Deposit Interest Rate for 2011 is .073% (again).
Chicago RLTO Section 5-12-080(c) mandates that Chicago Landlords pay security deposit interest annually; not in a lump sum at the end of one's tenancy. If a Chicago Landlord fails to pay interest annually (or at all) a Chicago tenant shall be awarded damages equal to two (2) times the full security deposit (including refundable key, pet, and parking security deposits) plus all interest (no matter how small) plus all court costs and reasonable attorneys fees. As ridiculous as this may seem, the Illinois Supreme Court 's decision in Lawrence v. Regent Realty Group (2003) confirms that a Landlord need not acted "willfully" to be found liable to the tenant for two (2) the security deposit for failing to pay interest. If you want to know more about security deposit interest, and what the Chicago law entitles you to, please feel free to Contact Us.