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