Security Deposit, Check Not Cashed

[Frank S.]

The Chicago Ordinance is very strict as it relates to security deposits for non-owner occupied properties.   Many, request move-in fees instead.

What happens when a check used for the deposit is not cashed? Is that a violation of the ordinance or a trick to avoid getting in trouble with the law. 

[John Warren]

@Frank S. I think most people would tell you to talk to an attorney due to the complexity involved in the Chicago laws. I would also recommend that you take a move in fee in lieu of a deposit. It seems to be the way most smart people are moving these days in Chicago. Now if you are in Cook County but not Chicago, I would still recommend doing a security deposit.