Illinois Renters' Rights Enforced by Class Action

     This case pends against the landlord of a 280-unit Waterford Place apartments in Arlington Heights.  The landlord kept most of the tenant's security deposit for damage the tenant insisted was falsified.  Also, after a four-year tenancy, the renter had only been paid interest on his security deposit once; after he moved out. 

     The proposed class consists of more than 200 renters at this large apartment complex.  Allegedly, interest was not paid within 30 days from the end of each rental period, as required by the Illinois Security Deposit Interest Act.  Tenants seek damages equal to their full security deposit amounts, plus costs and attorney fees, under the Interest Act.

      On September 12, 2008 the court denied the landlord's motion for summary judgment which had claimed that, because it paid interest for all three years after the tenant moved out, it had not violated the Interest Act.  The court rejected this attempt to avoid paying interest at the end of "each" 12 month rental period.

      The case still pends.  If you have information about security deposit refunds or interest at Waterford Place Apartments in Arlington Heights, contact mark@depositlaw.com.

ALL LANDLORDS ARE PRESUMED NOT-LIABLE UNTIL PROVEN LIABLE