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Illinois Residential Lease Agreement

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Illinois Residential Lease Agreement Page 2
Illinois Residential Lease Agreement
charges, as described above, until Landlord has received payment. Furthermore, Landlord may
require in writing that Tenant pay all future Rent payments by cash, money order, or cashier's check.
D. Order in which funds are applied. Landlord will apply all funds received from Tenant first to any non-
rent obligations of Tenant including late charges, returned check charges, charge-backs for repairs,
brokerage fees, and periodic utilities, then to rent, regardless of any notations on a check.
E. Rent Increases. There will be no rent increases through the Termination Date. If this lease is renewed
automatically on a month to month basis, Landlord may increase the rent during the renewal period by
providing written notice to Tenant that becomes effective the month following the 30
th
day after the
notice is provided.
4. SECURITY DEPOSIT. Upon execution of this Illinois Lease Agreement, Tenant shall deposit with Landlord the
sum of $_______________ (which amount is not in excess of two months periodic rent) receipt of which is
hereby acknowledged by Landlord, as security for any damage caused to the Premises during the term hereof.
Landlord may place the security deposit in an interest bearing account and any interest earned will be paid to
Landlord or Landlord’s representative.
A. REFUND. Upon termination of the tenancy, all funds held by the landlord as security deposit may be
applied to the payment of accrued rent and the amount of damages that the landlord has suffered by reason of
the tenant's noncompliance with the terms of this Illinois Lease Agreement or 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.
B. DEDUCTIONS. Landlord may deduct reasonable charges from the security deposit for:
(1.) Unpaid or accelerated rent;
(2.) Late charges;
(3.) Unpaid utilities;
(4.) Costs of cleaning, deodorizing, and repairing the Property and its contents for which Tenant is
responsible;
(5.) Pet violation charges;
(6.) Replacing unreturned keys, garage door openers, or other security devices;
(7.) The removal of unauthorized locks or fixtures installed by Tenant;
(8.) Insufficient light bulbs;
(9.) Packing, removing, and storing abandoned property;
(10.) Removing abandoned or illegally parked vehicles;
(11.) Costs of reletting, if Tenant is in default;
(12.) Attorney fees and costs of court incurred in any proceeding against Tenant;
(13.) Any fee due for early of removal of an authorized keybox;
(14.) Other items Tenant is responsible to pay under this Lease.
Illinois Residential Lease Agreement