Property

Rent a house or apartment in Illinois to a tenant with this Residential Rental Agreement template.

Periodic Tenancy

This rental contract template establishes what is called a periodic tenancy because it runs from rental period to rental period (month to month or week to week). A periodic tenancy can be terminated by either party by giving the other party prior written notice in accordance with the law.

Security Deposit

The Rental Agreement sets out the procedure that the landlord must follow for returning the tenant's security deposit at the end of the tenancy.

Other Charges

The tenant must pay late fees if the rent is not paid on time, and a charge for any payments not honored by the tenant's bank.

Other Items Included in the Template

The package also contains a Lead Paint Disclosure form, as required by law.

Also included is a Premises Condition Report to be jointly filled in by the landlord and the tenant at the beginning and the end of the tenancy.

Format and Jurisdiction

This Residential Rental Agreement is provided in MS Word format and is fully editable to fit your particular circumstances. You can reuse the template as often as needed.

This document is intended to be used only in the State of Illinois.

Have prospective tenants applying for a rental vacancy fill out this Rental Application Form for residential premises in Illinois.

• Tenants must supply information about:
  • current and previous employment,
  • monthly expenses,
  • rental history,
  • personal and credit references.
• This form can be used by both landlords and rental property managers.
• Available in MS Word format.
• Intended to be used in the State of Illinois.

IL property managers, draw up a contract for your services with this template Illinois Rental Property Management Agreement.

• The property manager is retained on an exclusive basis to rent, lease and manage the rental property.
• The manager will be paid a percentage of the monthly rental amount for managing the property. If the manager undertakes additional work outside the scope of its duties, additional fees will be payable.
• The owner authorizes the property manager to collect rents, sign leases, issue late payment notices, undertake eviction proceedings, purchase supplies, make repairs, and pay all recurring bills on the property.
• The owner indemnifies the property manager against claims arising from the management services, including claims resulting from the owner's failure to make full disclosure about the property.
• The property manager will submit a Form 1099 to the IRS each year for the income derived from the property.
• The owner is responsible for carrying public liability, property damage and worker's compensation insurance.
• This Illinois Rental Property Management Agreement is provided in MS Word format, and is easy to download, fill in and print.

Extend the term of a tenant's lease with this Illinois Residential Lease Extension Agreement.

• The landlord and tenant must both agree to extend the lease term for an additional period.
• The lease cost now becomes a monthly rental payment for the duration of the extended term.
• All other provisions of the original lease which are not amended in the Extension Agreement remain the same.
• This Agreement is only for residential tenancies. For business tenants, a Renewal and Extension of Commercial Lease is required.
• This legal form template is fully editable and easy to use.
• Intended for use in the State of Illinois.

IL tenants, sublet the house or apartment you are renting with this Illinois Residential Sublease Agreement.

• The sublease requires the consent of the landlord.
• The subtenant must pay the rent, the utilities and a damage deposit.
• The subtenant must keep the premises in clean and good condition.
• The subtenant cannot assign the sublease without the consent of both the landlord and the original tenant.
• The sublease includes a Premises Inspection Report form for the walkthrough inspection at the beginning and end of the tenancy.
• The file also includes a Co-Signer Agreement, to be used if the subtenant is a minor (such as a student). This agreement would be signed by a parent or guardian, who guarantees to pay any amounts due if the tenant fails to pay.

IL landlords, calculate your tenant's damage deposit refund at the end of the tenancy with this Illinois Security Deposit Refund or Claim Statement.

• The Statement sets out the amount of the original security deposit and any additional deposits, less any amounts being claimed for unpaid rent or utilities, cleaning or repairs.
• It also sets out whether a refund is being paid to the tenant or if any additional amount is still owing to the landlord.

Transfer title of an Illinois real estate property to a new owner with this easy-to-use Special Warranty Deed form.

What is a special warranty deed?

A special warranty deed is a means of conveying title to a property, under which the seller (called the grantor) warrants or guarantees the title only against title defects that arose during his/her ownership of the property, but not against title defects existing before that time.

Special warranty deeds are commonly used:

• by executors and trustees to transfer estate property to a beneficiary,
• in commercial transactions, and
• in foreclosures.

Exceptions

The grantor transfers title to the buyer (called the grantee) subject to current taxes and assessments, easements, encumbrances, liens and liabilities.

Waiver of Homestead

The grantor waives and releases any homestead exemption rights in the property.

Format and Jurisdiction

This Special Warranty Deed form is a downloadable legal document in MS Word format. It is intended for use only in the State of Illinois.

Transfer ownership of a real estate property in Illinois from a seller to a buyer with this Illinois Warranty Deed form.

• it has good and marketable title to the property,
• it has the legal right and authority to transfer the title to the buyer, and
• it will forever defend the right of the buyer (the grantee) to possess the property.

Transfer ownership of a real estate property in Illinois from two sellers to two buyers with this Illinois Warranty Deed for Joint Tenancy.

• This form of Warranty Deed is used to convey a property from one couple (spouses or partners) to another couple, who will live in the property.
• The buyers will own the property as joint tenants with rights of survivorship. That means when one joint tenant dies, title to the property will pass to the surviving joint tenant.
• The sellers (grantors) covenant to the buyers (grantees) that they have good and marketable title to the property, they have the legal right and power to transfer the title, and they will defend the grantees' right to possess the property.
• Available in MS Word format and easy to download, fill in and print.
• Intended to be used only in the State of Illinois.

Transfer your interest in a real estate property to a trustee with this Illinois Warranty Deed in Trust.

• The Warranty Deed is made in connection with a land trust agreement between the seller (the grantor) and the trustee.
• The trustee is given full power and authority to manage, improve, protect, subdivide, and lease the property.
• The grantor releases all of its interest in the property to the trustee.
• This document should be recorded with the appropriate land title office.
• The form is available in MS Word format.
• Intended to be used only in the State of Illinois.