Illinois Standard Residential Lease Agreement
The Illinois Standard Residential Lease Agreement is a contract that allows someone (a tenant) to live in an apartment or similar dwelling owned or managed by someone else (the landlord) for a specified period.Tenancy is based on compliance with the rules detailed in the agreement. Among the most important of these are stipulations pertaining to regular payment of rent in a predetermined amount. Therefore the contract should clearly state the rent amount, due dates (IE: the first [1st] of each month), acceptable methods of payment, and whether it can be mailed or paid in person. Provisions pertaining to rent increases and late payments should also be included. Under § 735 ILCS 5/9-209, a tenant has at least five (5) days to remit payment following the receipt of written notice about past-due rent. Failure to do so may result in termination of the contract and eviction.
Tenant Screening: Illinois Rental Application
Maximum Security Deposit: None.
Returning Security Deposits: (§ 765 ILCS 710/1(a)) The landlord has forty-five (45) days to refund a full security deposit after the tenant moves out. A landlord claiming deductions for property damage must provide the tenant with a list of damages and deductions, and any remaining funds within thirty (30) days after the tenant vacates the premises.
Criminal Activity and Indictment: (§ 765-ILCS 7/5(a) and (b)) A landlord may evict a tenant who has been charged and indicted on a Class X felony offense committed on the property as long as proper notice is provided. However, the tenant does not automatically lose a security deposit based solely on any such eviction.