Contract for deed I paid 1250 security deposit for a rental.

Contract for deed
I paid 1250 security deposit for a rental. That lease would have been up on Sept.30th. In June me and the landlord did a contract for deed on the house where we did a seperate contract and I paid what was due on that. I am expecting my security deposit back from the original rental and he is saying that it’s like earnest money that he’ll give it back to me at the end when I go in for the home loan – up to 3 years from now.

2 thoughts on “Contract for deed I paid 1250 security deposit for a rental.

  1. Re: Contract for deed
    I’m not sure what your question is, but it seems that you’re asking me if the landlord acted properly. The answer is that it all depends on what the agreement (“contract for deed”) says. Without seeing that, it’s impossible to know if the landlord acted properly.

    Please understand that this reply is being posted for informational purposes only and is not intended to be legal advice. Legal advice can only be given after reviewing all the facts of your individual case and is only provided to clients of the firm after a review of all necessary documents. This communication is not intended to create a lawyer/client relationship and I specifically state to you that you are not a client of the firm.

    Nicholas Chrisos
    Nicholas G. Chrisos Attorney at Law
    5 E. College Dr. Suite 112
    Arlington Heights, IL 60004

  2. Re: Contract for deed
    And this is not a good thing if it is in writing?

    Charles Dobra
    Charles Wm. Dobra, Ltd.
    675 East Irving Park Road – Suite 100
    Roselle, IL 60172

Comments are closed.