Illinois Lease Agreement Template

​Property: (Property.Name)

Address: (Property.Street) (Property.City) (Property.State) (Property.Zip)

​[Landlord.FirstName][Landlord.LastName] ("Landlord") agrees to lease the above-listed (Property.Name) ("Property") to [Tenant.FirstName][Tenant.LastName] ("Tenant") according to the terms of this Illinois lease agreement.

Term of Agreement

This agreement will start on (Start.Date) ("Start Date") and operate on a:

1. Month-to-month basis and will continue to operate on this basis until the agreement terminates or a new contract is created and signed.

2. Lease basis of the Property for one calendar year or until (End.Date) ("End Date"). Should the Tenant remain on the Property, the agreement will continue on a month-to-month basis with all terms in full force and effect.

Upon this contract's termination, the Tenant must vacate the premises unless the Landlord renews the agreement or willingly accepts Rent month-to-month.

Rent

To lease the Property, the Tenant agrees to pay the rental amount of $ (Rent.Amount) ("Rent") by the 1st of each month. The Landlord is entitled to charge a late fee according to the below terms if they don't receive the payment by the 1st of each month.

Payments must use (Payment.Method1) or (Payment.Method2) to (Payment.Location). The Tenant is responsible for delivering the Rent, whether made online or mailed, to the Landlord before or on the 1st of the month.

If the Start Date of this agreement is any other day than the 1st, the Landlord will prorate the payment for that month.

Security Deposit

Upon execution of this agreement, the Tenant will pay the Landlord a refundable security deposit of $ (Deposit.Amount). The Landlord is not required to keep the security deposit in a trust account or incur/pay interest on the amount, provided they lease less than 25 units at the same location.

Within 30 to 45 days of terminating the lease (and the Tenant vacating the premises), the Landlord must provide an itemized statement of the deductions and return the full or partial security deposit.

The Landlord can return a partial amount under the following circumstances:

• Cleaning of the Property beyond the usual wear and tear.

• Repaying any of the Tenant's unpaid Rent or fees.

• Any repairs to the Property beyond the expected wear and tear.

The Tenant cannot treat this amount as payment of any Rent payment.

Late Fees and Returned Checks Charges

The Landlord charges daily late fees of $ (Late.Fee) if they have not received the full Rent by the 5th of each month. Payments returned for a "stop payment", inefficient funds, or any other reason will incur a charge of $ (Charge.Amount).

Occupants

The Tenant agrees that no occupants other than those in the table below will stay on the premises for longer than fourteen (14) days without the Landlord's written consent. The Landlord approves the following occupants at the Property while the Tenant rents it.

Each occupant is jointly and individually liable for all the agreement's terms. If any occupant, Tenant, or guest violates the agreement's terms, the Tenant is considered to have violated the terms of this agreement. This violation can result in the contract's immediate termination.

Maintenance and Upkeep

The Tenant will maintain the Property in a sanitary and good condition inside and outside the residence during the agreement term, including, but not limited to:

Should any problems occur, the Tenant will send a written notice to the Landlord of any problem, malfunction, or damage. If the Tenant's negligence, fault, or guests cause the problem, the Landlord may require the Tenant to bear the costs of fixing it.

The Landlord is responsible for mechanical damages and habitable defects, like plumping, HVAC breakages, etc. The Tenant is not permitted to modify the Property, such as nails in the walls, painting it, or other modifications that might damage it beyond the standard wear and tear.

Additional Provisions

Both parties agree to adhere to the below terms.

Rights of Access

The Landlord must provide at least twenty-four (24) hours notice before entering the Property for an inspection, necessary repairs, or showing it to potential buyers. Only in case of emergencies can the Landlord enter the premises without notice.

Assignment and Subletting

The Tenant agrees not to assign this agreement or sections of this agreement to other parties nor to sublet it without the written approval of the Landlord. However, if the Landlord sells the Property, they can assign it to the new owner.

Quiet Enjoyment

The Tenant agrees not to cause excessive noise or commit waste on the premises. The Tenant further agrees to abide by all local, County, and State laws on noise ordinances, criminal conduct, and other laws.

Utilities

Both parties agree to take responsibility for utilities as per the following terms:

• Landlord provides for the following utilities: (Landlord.Utilities)

• Tenant arranges and makes payments for the following utilities: (Tenant.Utilities)

• Both parties prove for the following utilities: (BothParties.Utilities)

The Landlord calculates the utility amount using the following formula: (Utility.Formula).

Keys

The Landlord owns the keys, fobs, and keyless security to the Property. The Tenant cannot make copies of the keys or other security items. The Tenant must arrange with the Landlord for new ones at the Tenant's cost if the keys are lost. At the termination of this lease, the Tenant must return all keys to the Landlord.

Other Provisions

Rights of Termination

This agreement terminates by 11:59 pm on (End.Date). The Tenant must immediately vacate the Property, and if not, the lease continues on a month-to-month lease.

If the Tenant violates the contract's terms or misrepresents any material fact on their rental application, it is grounds for the agreement's immediate termination. However, appropriate notice to the Tenant and procedures required by the laws of Illinois is required.

Move-in Payments Due

The Tenant must make the following payments on or before signing the lease and before the Tenant moves into the Property:

• First Month's Prorated Rent: $ (ProratedRent.Amount)

• Last Month's Rent: $ (Rent.Amount)

• Security Deposit: $ (Deposit.Amount)

• Other: $ (Other.Amount)

• Total: $ (Total.Amount)

Full Disclosures

• Landlord Contact Information:[Landlord.FirstName][Landlord.LastName] / [Landlord.StreetAddress][Landlord.City][Landlord.State][Landlord.PostalCode]​

• Carbon Monoxide Detectors: The Landlord must provide a written description and information on the installed carbon monoxide detectors, along with their maintenance and testing. However, the Landlord can give the written information to the Tenant after signing the lease.

• Radon Contamination: Should the Landlord test the Property for radon contamination, they must provide the Tenant with the reports to keep them informed. Further, the Landlord will provide the Tenant with the IEMA-approved Radon Disclosure pamphlet and a Radon Warning Statement.

• Rent Concessions: Should both parties agree on a Rent Concession agreement, the Landlord will provide written notice in this standard lease agreement.

• Lead-Based Paint: The Landlord confirms this Property (was/was not) built before 1978, and lead-based paint, which is hazardous to human health, (might be/is not) present on the premises.

Applicable Law

This agreement is interpreted and governed by the laws of Illinois. Any dispute venue will take place in the county of (County) in Illinois. However, should a dispute arise, both parties will make good-faith efforts to discuss it in person in an attempt to resolve it among themselves.

Agreement

This agreement and its attachments constitute the full agreement between both parties. It supersedes all previous negotiations and commitments, whether written or oral, concerning this tenancy.

All modifications to this agreement must be in writing, and each party must sign it. Both parties acknowledge and understand all the terms in this contract and the rights it grants as expressly set forth herein.