Illinois Rental Lease Agreement Templates | PDF | Word
The Illinois lease agreements allow for a landlord and tenant to come to terms in a written document while following the rights of each party (See Guide). The parties have the option of selecting from one of four (4) types of agreements ranging from commercial space to the most common being the one (1) year standard agreement. All landlords are advised to screen their tenants through the rental application before signing a binding legal contract.
Illinois 5 Day Notice to Quit | Late Rent Eviction Notice
The Illinois notice to quit allows for a tenant who has not paid rent to have five (5) days to pay up or vacate the premises. If the tenant does neither, they will face an upcoming eviction where the landlord must file a complaint with the court in their jurisdiction. Refer to the Chicago Bar s Eviction Process for further information. Sangamon County Version
Illinois Commercial Lease Agreement
An Illinois commercial lease agreement states the conditions upon a retail, industrial, or office tenant should conduct themselves through the length of the contract. A typical agreement should detail the basic elements which state the fees and bills to be paid by each party concerning items such as electricity, water/sewer, landscaping, etc. Due to the amount of money invested by the landlord and tenant, the term is usually between two (2) to five (5) years with renewals at a predetermined increase
Illinois Month-to-Month Lease Agreement
The Illinois month to month lease agreement is favored by individuals who are unsure of their exact time of stay at the property and by tourists alike. The lease is structured to expire at the end of every month, allowing the tenant to either renew with a simple payment of one (1) months rent. This type of tenant is typically light on possessions and the properties are, not always, but usually furnished. Some landlords may feel as though they do not need to ask
Illinois Rental Application
The majority of landlords in Illinois prefer this application as it gives an informative and useful summary of the potential tenant’s credit, rental, criminal, and employment history. This allows the landlord to determine if the applying tenant will be a trustworthy and financially responsible individual to work with. The landlord should remember that there are many other precautions to take besides a rental application to ensure his or her property will remain covered. One of the most important precaution measure for the
Illinois Residential Lease Agreement
The Illinois standard one (1) year lease agreement is structured be downloaded in a user-friendly fillable Adobe PDF or Microsoft Word formats. The form outlines the details of the lease for both the landlord and tenant and encourages a rental application to be completed to help safeguard the landlord from a future eviction process. The rental application is typically completed by the applying tenant, and gives the landlord access to the applying tenant’s rental, criminal, employment, and credit history, to ensure the
Illinois SubLease Agreement
An Illinois sublease, or roommate agreement , is typical among individuals looking to lessen the monthly cost of their rent, and don’t mind living with another individual, but the agreement may also be for the entire space. The current tenant at a property, called the sublessor, would complete the agreement with the individual that would like to live in the property, referred as the sublessee. Once the agreement has been signed and completed, the sublessee would move-in the property and contribute to the monthly payments as
Shared Meter (740/5) If the meter is shared that is tied to the tenant s rental unit, the landlord must state the exact formula on how the bill is calculated.
Rent Concessions (730/3) Any rent concessions must be stated in the rental contract.
Radon (46/25) In the Radon Awareness Act, all landlords that detect significantly high levels of this gas must inform any and all tenants moving into the residence.
Maximum No State maximum. A landlord my charge as much as desired.
Returning The landlord has thirty (30) days to return the deposit to the tenant. Forty-five (45) days if the tenant disputes any itemized deduction.
There is no statute that states the landlord must give notice to the tenant before entering the property for an alteration or repair. Although it is recommended to do so with the best intentions of keeping a good landlord-tenant relationship.