Illinois Property and Real Estate Laws
Property and real estate laws typical concern things like landlord-tenant relations, homestead protection from creditors, and related matters. Laws regulating the rental market protect both landlords and tenants. In Illinois, for example, landlords must return a tenant's security deposit within 30 days of the termination of the lease but the state doesn't limit the amount landlords may charge for a deposit. Illinois' homestead protection law allows an individual to claim a portion of his or her property as off limits to creditors if that portion of the property is valued at less than $7,500. Click on a link below to learn more about Illinois property and real estate laws.