What Act requires landlords to refund the security deposit or provide an itemized list of damages?

The Illinois Security Deposit Return Act specifically mandates that landlords must either refund a tenant's security deposit or provide an itemized list of damages within a certain time frame after the lease ends. This legislation is designed to protect tenants' rights by ensuring transparency regarding the use of their security deposits. It requires landlords to clearly outline any deductions made for damages beyond normal wear and tear, allowing tenants to understand the reasons for any withholdings. This law plays a crucial role in upholding fair practices in rental agreements and safeguarding tenants from unlawful retention of their funds.

The other options pertain to different aspects of housing and tenant rights but do not directly address the requirements for the handling of security deposits.