Property Management
Under the Chicago RLTO, a landlord must return a security deposit within how many days of the tenant vacating?
A14 days
B21 days
C30 days✓ Correct
D45 days
Explanation
Under the Chicago RLTO, a landlord must return the security deposit (less any properly documented deductions) within 30 days of the tenant vacating the unit. Failure to comply can result in the landlord owing the tenant twice the deposit amount plus attorney fees.
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