Residential Lease Agreement - Illinois
Tenants: ______, ______, ______, ______ Landlord or Landlord’s Representative: ______, ______ Page 1 of 1
ILLINOIS RESIDENTIAL LEASE AGREEMENT
THIS LEASE AGREEMENT (hereinafter referred to as the “Agreement”) made and entered into this day____________________,
by and between ______________________________________whose address is _________________________________________
(hereinafter referred to as “Landlord”) and __________________________________________________________ whose address is
_______________ ___________________________________________________(hereinafter referred to as “Tenant”).
W I T N E S S E T H :
WHEREAS, Landlord is the fee owner of certain real property being, lying and situated in Cook County, Illinois, such real
property having a street address of __________________________________________________ (hereinafter referred to as the
“Premises”).
WHEREAS, Landlord desires to lease the Premises to Tenant upon the terms and conditions as contained herein; and
WHEREAS, Tenant desires to lease the Premises from Landlord on the terms and conditions as contained herein;
NOW, THEREFORE, for and in consideration of the covenants and obligations contained herein and other good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto hereby agree as follows:
1. TERM. Landlord leases to Tenant, and Tenant leases from Landlord, the above described Premises together with any and all
appurtenances thereto, for a term of _________________, such term beginning on ____________________and ending at 11:59
PM on _____________________ .
2. RENT. The total rent for the term hereof is the sum of $__________________ payable in _____ installments, the first
installment of $_______________ due by ________________, the remaining ____ installments will be due on the _____ day of
each subsequent month of the term. Payment shall be made to the Landlord noted above at Landlord’s address as set forth in the
preamble to this Agreement on or before the due date and without demand.
3. SECURITY DEPOSIT. Upon the due execution of this Agreement, Tenant shall deposit with Landlord the sum of
$__________________ receipt of which is hereby acknowledged by Landlord, as security for any damage caused to the Premises
during the term hereof.
Interest on Security Deposit. In accordance with Illinois law (765 ILCS 715/1, 715/2), and subject to the exception set forth in
this Paragraph, such deposit shall be returned to Tenant, without interest, and less any set off for damages to the Premises upon
the termination of this Agreement. Landlor d will on ly pay interest to Tenan t if the Premises is an apartment in a bu ildin g with 25
or more units, provided the security deposit is held by Landlord for more than six (6) months. The interest rate is to be the same
rate as given by the largest bank in Illinois on minimum passbook savings accounts as of December 31 of the year before the
commencement date of this Agreement. Landlord shall pay Tenant the accrued interest annually by cash or credit towards rent
due, except when Tenant is in default under the Agreement.
Timing of Return of Security Deposit. If Landlord withholds some or all of Tenant’s Security Deposit, Landlord will notify
Tenant within thirty (30) days after the end of the lease Term, and Landlord will include an itemized list of damages and the
actual o r estimated cost of repairs. Otherwise, if n o part of the security dep osit is withh eld, Land lord will return Tenant’s security
deposit to Tenant within forty-five (45) days after the end of Tenant’s lease Term.
4. USE OF PREMISES. The Premises shall be used and occupied by Tenant and Tenant’s immediate family, exclusively, as a
private single family dwelling, and no part of the Premises shall be used at any time during the term of this Agreement by Tenant
for the purpose of carrying on any business, profession, or trade of any kind, or for any purpose other than as a private single
family dwelling. Tenant shall not allow any other person, other than Tenant’s immediate family or transient relatives and friends
who are guests of Tenant, to use or occupy the Premises without first obtaining Landlord’s written consent to such use. Tenant
shall comply with any and all laws, ordinances, rules and orders of any and all governmental or quasi-governmental authorities
affecting the cleanliness, use, occupancy and preservation of the Premises.
5. CONDITION OF PREMISES. Tenant stipulates, represents and warrants that Tenant has examined the Premises, and that they
are at the time of this Lease in good order, repair, and in a safe, clean and tenantable condition.
6. ASSIGNMENT AND SUB-LETTING. Tenant shall not assign this Agreement, or sub-let or grant any license to use the
Premises or any part thereof without the prior written consent of Landlord. A consent by Landlord to one such assignment, sub-
letting or license shall not be deemed to be a consent to any subsequent assignment, sub-letting or license. An assignment, sub-
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