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The Illinois Lease Agreement form is an essential document for both landlords and tenants, outlining the terms and conditions of renting a residential property. This form typically includes crucial details such as the names of the parties involved, the rental property's address, and the duration of the lease. It also specifies the monthly rent amount, payment due dates, and any security deposit requirements. Additionally, the agreement addresses responsibilities related to maintenance, repairs, and utilities, ensuring that both parties understand their obligations. Other important sections may cover rules regarding pets, subletting, and termination procedures. By clearly defining these aspects, the Illinois Lease Agreement helps to prevent misunderstandings and provides a framework for a smooth rental experience.

Example - Illinois Lease Agreement Form

Illinois Lease Agreement Template

This Lease Agreement (the "Agreement") is entered into this ___ day of ____________, 20__, (the "Effective Date") by and between _________________ ("Landlord") with a mailing address of _______________________, and _________________ ("Tenant") with a mailing address of _______________________. The premises leased under this Agreement is located at _________________(the "Premises"). This Agreement is subject to the Illinois Residential Landlord and Tenant Act.

Lease Term

The lease will begin on _________________ and end on _________________ unless earlier terminated according to the provisions herein ("Lease Term").

Rent

The monthly rent for the Premises is $_________________, due on the first day of each month. The first and last month's rent must be paid in advance upon the signing of this Agreement.

Security Deposit

A security deposit of $_________________ must be paid at the time of signing this Agreement. The deposit will be returned to the Tenant within __ days after the end of the Lease Term, minus any deductions for damages or unpaid rent asallowed under Illinois law.

Use of Premises

The Premises shall be used solely for residential purposes and no part of the Premises shall be used at any time during the term of this Agreement by the Tenant for the purpose of carrying on any business, profession, or trade without prior written consent of the Landlord.

Maintenance, Utilities, and Other Charges

  1. Tenant is responsible for keeping the Premises, including plumbing and electrical fixtures, clean and sanitary, and shall promptly notify the Landlord of any necessary repairs.
  2. Tenant is responsible for payment of all utilities and services except _________________, which shall be paid by the Landlord.
  3. Tenant shall not make any alterations to the Premises without the Landlord's prior written consent.

Default and Possession

If Rent is not paid within __ days after it's due, the Tenant will be considered in default, and the Landlord has the right to begin eviction proceedings as allowed by Illinois law. If the Tenant does not take possession of the Premises or vacates before the end of the Lease Term, the Landlord may re-rent the Premises and hold the Tenant liable for any shortfall in rent.

Notices

All notices under this Agreement must be sent by certified mail to the addresses mentioned at the beginning of this Agreement.

Governing Law

This Agreement shall be governed by and construed in accordance with the laws of the State of Illinois.

Amendment and Supplement

This Agreement may only be amended or supplemented by an agreement in writing signed by both parties.

Signatures

This Agreement is executed by the parties on the date first above written.

Landlord's Signature: ___________________________ Date: ___________

Tenant's Signature: ___________________________ Date: ___________

PDF Form Properties

Fact Name Description
Governing Law The Illinois Lease Agreement is governed by the Illinois Compiled Statutes, specifically the Residential Tenants' Right to Notice Act.
Parties Involved The lease agreement involves at least two parties: the landlord and the tenant.
Duration The lease can be for a fixed term or a month-to-month arrangement, depending on the agreement between the parties.
Security Deposit Illinois law limits security deposits to one and a half months' rent for leases longer than 6 months.
Maintenance Responsibilities The lease should clearly outline the maintenance responsibilities of both the landlord and the tenant.
Notice Requirements Landlords must provide proper notice for entry, typically 24 hours, unless there is an emergency.
Termination Conditions Conditions for lease termination must be specified, including notice periods and grounds for eviction.
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