Federal law imposes uniform requirements for certain Rental/Lease Agreement information on all 50 states. For example, all Lease/Rental Agreements should include:
- the identities and contact information of both the tenant and landlord,
- a description of the property and address,
- pet restrictions or allowances,
- disclosures regarding health and safety hazards,
- rent and security deposit amounts and specifics
Not all states will have identical requirements for Lease and Rental Agreements, and may differ on some important points.
To best protect your financial and legal rights, and to create a comprehensive Lease Agreement, you should familiarize yourself with specific laws and distinctions in the state of Illinois.
1. Illinois Residential Lease Agreement Sample
The sample lease agreement below describes a contract between “Landlord” Phil Spencer and “Tenant” Tamara Benson. She agrees to rent an apartment in Springfield for $750.00 per month and continuing on a month-to-month basis. The tenant agrees to pay for all utilities and services for the Premises.
This is a good example of what provisions a simple lease agreement might contain, and how one should look in its final form.
2. Illinois Landlord and Tenant Laws
Illinois imposes specific and distinct requirements for landlords and tenants when executing a Lease/Rental Agreement. For example, Illinois statute provides the following:
Security Deposit:
- A landlord is uncapped in how much they may request from the tenant as a security deposit. (765 ILCS 710/1)
Landlord Right of Entry:
- There is no required notice before a landlord enters the tenant’s property, however, it is highly recommended at least twenty-four (24) hour notice is given. (No statute)