Updated June 17, 2022
An Illinois standard residential lease agreement is a standard contract between a landlord and tenant for the renting of residential property. The landlord will post their property for lease while showing the premises to potential tenants. Upon interest by a potential tenant, the landlord will usually screen them through the use of a rental application and collect a fee. If approved, the tenant will be given a lease to sign and, after a security deposit and 1st month’s rent is paid, the tenant will be given access to the property.
Laws – 765 ILCS 705/ – Landlord and Tenant Act
Handbook – Your Guide to Landlord-Tenant Law (PDF)
Other Version
IllinoisLegalAid.org Lease Agreement
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