Your rent should be sent to Jerome H. Meyer & Co. at the P.O. Box which corresponds to your building. Please use the mailing labels provided with your Leases, or if you have run out of labels, call us and we will promptly send you new labels.

Your rent is due in advance, on the first day of each calendar month. If your rent is not received through our bank's P.O. box by the fifth of the month, you can be charged a late fee.

Please contact our Accounting Department at 312/944-2700, let us know why your rent will be late and when we can expect to receive it.

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Jerome H. Meyer & Co. does not require a security deposit. However, if we did, the interest rate earned on your security deposit is set by the Chicago City Comptroller. This interest rate changes from year to year and is linked to an average of the interest rates paid on three different types of accounts by the largest commercial bank with its main branch in Chicago.

Jerome H. Meyer & Co. does not require a security deposit, therefore, you do not earn any interest. If applicable, when you renew your Lease, you will be notified in writing of the amount of interest your security deposit has earned during the preceding year of your Lease. You may then deduct the amount of security deposit interest you have earned from your next monthly rent payment. If you do not deduct the security deposit interest you have earned from your rent payment, your earned security deposit interest will remain as a credit on your rent account and will be refunded to you with the return of your security deposit at the end of your Lease. Under no circumstances will earned security deposit interest be paid by check or cash during the Lease term(s).

No. If you were required to have a security deposit, it could not be used as your last month's rent.

Under the Chicago Residential Landlord Tenant Ordinance, if you have a security deposit and are entitled to the return of your security deposit, we must return your security deposit to you within 45 days of the end of your Lease. Generally, we would send out security deposit checks, if applicable, less any deductions for unpaid rent or damages, approximately 30 days after the end of the Lease.

No. A single security deposit check, if applicable, will be made payable to all persons who signed the Lease for your apartment, regardless of who provided the security deposit.

At the end of your Lease, you must provide a forwarding address for your security deposit, if applicable, to be sent; otherwise, your security deposit, if applicable, will be sent to your apartment address and forwarded by the U.S. Postal Service if you have filed a forwarding address with the Postal Service. If no forwarding address has been given, the Postal Service will return your security deposit to us, where we will hold it until you provide a forwarding address.