Reda | Ciprian | Magnone, LLC

Chicago Releases the 2021 RLTO interest rate for security deposits

It might be unprecedented for the City of Chicago to release the CRLTO interest rate BEFORE the new year, but that is what just happened.  The City of Chicago Security Deposit interest rate for those rental agreements governed by the Chicago Residential Landlord and Tenant Ordinance for January 1, 2021 through December 31, 2021 will be .01%.  This rate has remained unchanged since 2015.

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Reda | Ciprian | Magnone, LLC
8501 W. Higgins Suite 440
Chicago, Illinois 60631

Call: (773) 399-1122
Fax: (773) 399-1144

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Firm Overview

Reda | Ciprian | Magnone, LLC serves the public and other Illinois attorneys by providing timely, accessible information about Illinois law, specifically, estate planning, probate, entity formation, corporate, landlord-tenant, real estate & other areas of the law. Our firm has assisted clients as far away as France and India in their Illinois legal matters.

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Areas of Practice

Probate Law Landlord Tenant Law Corporate Law Real Property Law Estate Planning