Rushton v. O'MALLEY

This case presents the need to interpret section 1 of “An Act to require the payment of interest by lessors of residential real property on security deposits made by lessees” (Ill. Rev. Stat. 1979, ch. 74, par. 91), which provides:

“A lessor of residential real property, containing 25 or more units, who receives a security deposit from a lessee to secure the payment of rent or compensation for damage to property shall pay interest to the lessee 6 *

Specifically, it must be determined if the defendant is a “lessor of residential real property, containing 25 or more units” where he owns four…