An Illinois Rental Application simplifies the applicant screening process so you can attract the most qualified and trustworthy tenants for your lease agreement.
Rental applications usually come with a small, nonrefundable fee, which covers basic administrative costs. These fees offset a landlord’s costs for running background checks and other expenses. There is no state-mandated limit on what you can charge, but individual cities can set their fees.
Once a tenant’s application is approved, the typical amount collected as a security deposit equals one month’s rent. Illinois sets no legal limit on how much you can charge.
Landlords who hold a security deposit for at least six months and where there are at least 25 units in the building must place the amount in an FDIC-insured account and pay the tenant interest or credit the interest toward a tenant’s rent every 12 months (765 ILCS 715).
You must also return the security deposit within 45 days of the tenant moving out or provide a written explanation within 30 days as to why you kept all or part of the deposit (765 ILCS 710).
Consider issuing a rent receipt for any rent payments made by the tenant so that you and the tenant have a record in case a dispute arises.
Illinois allows property owners to collect a separate pet deposit, except for service and assistance animals. Landlords cannot deny an applicant with a disability the right to own an assistance pet. Housing providers can also not deny an application solely because of the animal’s breed.
How To Conduct an Eviction Record Search
Create an account with Illinois’s Public Access to Court Electronic Records and proceed to:
- Enter an applicant’s information.
- Pay a small fee to search for evidence of legal actions against prospective tenants.
Should you decide not to offer an applicant a lease agreement due to a history of eviction or another valid reason, consider sending them a rejection letter explaining why.