Illinois Rental Agreement

Standard Illinois Residential Lease Agreement Template_1 on iPropertyManagement.com

An Illinois rental agreement is a legal contract between a landlord overseeing a rental property and a tenant who wishes to use it. Illinois landlord-tenant law governs these agreements; rental terms must be within the limits allowed by law.

Illinois Rental Agreement Types

Residential Lease Agreement

An Illinois residential lease agreement (“rental agreement”) is a legal contract for a tenant to rent a residential property from a landlord, subject to terms and conditions agreed by all parties.

Month-to-Month Rental Agreement

An Illinois month-to-month lease agreement is a contract (not necessarily written) where a tenant rents property from a landlord. The full rental term is one month, renewable on a month-to-month basis.

Rental Application Form

Illinois landlords may use a rental application form to screen prospective tenants. A rental application collects information relating to finances, rental history, and past evictions.

Residential Sublease Agreement

An Illinois sublease agreement is a legal contract where a tenant ("sublessor") rents (“subleases”) property to a new tenant (“sublessee”), usually with the landlord’s permission.

Roommate Agreement

An Illinois roommate agreement is a legal contract between two or more people (“co-tenants”) who share a rental property according to rules they set, including for things like splitting the rent. This agreement binds the co-tenants living together, and doesn’t include the landlord.

Commercial Lease Agreement

An Illinois commercial lease agreement is a legal contract arranging the rental of commercial space between a landlord and a business.

Common Residential Rental Agreements in Illinois

Illinois Required Residential Lease Disclosures

To learn more about required disclosures in Illinois, click here.

Some Illinois cities, like Chicago , have more comprehensive rules than the statewide standard. Always check local laws.

Illinois Landlord Tenant Laws

To learn more about landlord tenant laws in Illinois, click here.

Sources

(a) At the time of a prospective tenant’s application to lease a dwelling unit, before a lease is entered into, or at any time during the leasing period, upon request, the lessor shall provide the prospective tenant or tenant of a dwelling unit with:

(1) the Illinois Emergency Management Agency pamphlet entitled “Radon Guide for Tenants” or an equivalent pamphlet approved for use by the Illinois Emergency Management Agency; (2) copies of any records or reports pertaining to radon concentrations within the dwelling unit that indicate a radon hazard to the tenant, as provided in subsection (c); and (3) the Disclosure of Information on Radon Hazards to Tenants form, as set forth in subsection (f). (b) At the commencement of the agreed leasing period, a tenant shall have 90 days to conduct his or her own radon test of the dwelling unit. If the tenant chooses to have a radon test performed, the tenant shall provide the lessor with copies of the results, including any records or reports pertaining to radon concentrations, within 10 days after receiving the results of the radon test. If the tenant’s radon test provides a result in excess of the Illinois Emergency Management Agency’s recommended Radon Action Level and the lessor has elected to not mitigated the radon hazard, the tenant may terminate the lease.