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It defines property description, lease term start and end, renewal into month-to-month tenancy, notice timing requirements, and rules for rent payment, delinquency, late charges, returned checks, and rent increases. It also specifies security deposit limits, how deposits may earn interest, permitted deductions and refund applications, including damages, unpaid rent, utilities, cleaning and repair costs, and related charges.",{"@graph":63,"@context":118},[64,80,101],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":41,"@type":70,"position":76},"https://docshare.wps.com/template/letters/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/illinois-residential-lease-agreement-rental-terms-rent-and-security-deposit/281830/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/illinois-residential-lease-agreement-rental-terms-rent-and-security-deposit/281830.png","ImageObject",442,249,{"name":88,"@type":89},"Jake","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-10-22","2026-09-16",true,{"@type":98,"interactionType":99,"userInteractionCount":35},"InteractionCounter",{"@type":100},"ViewAction",{"@type":102,"mainEntity":103},"FAQPage",[104,110,114],{"name":105,"@type":106,"acceptedAnswer":107},"When does the lease term end, and what happens afterward?","Question",{"text":108,"@type":109},"The lease terminates on the specified termination date at 11:59 PM. If the landlord accepts new rent after that date, the tenancy becomes month-to-month unless the agreement is extended or replaced in writing.","Answer",{"name":111,"@type":106,"acceptedAnswer":112},"How are rent due dates and late charges handled?",{"text":113,"@type":109},"Rent is due on the 1st day of each calendar month as advance payment. 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PROPERTY. Landlord owns certain real property and improvements located at  (hereinafter referred to as the \"Property\") . Landlord desires to lease the Premises to Tenant upon the terms and conditions contained herein. Tenant desires to lease the Premises from Landlord on the terms and conditions as contained herein.  \n2. TERM. This Illinois Lease Agreement shall commence on   and shall continue asa lease for term. The termination date shall be on   at 11:59 PM. Upon termination date, Tenant shall be required to vacate the Premises unless one of the following circumstances occur:  \n(i) Landlord and Tenant formally extend this Illinois Lease Agreement in writing or create and execute anew, written, and signed Illinois Lease Agreement; or  \n(ii) Landlord willingly accepts new Rent from Tenant, which does not constitute past due Rent.  \nIn the event that Landlord accepts new rent from Tenant after the termination date, a month-to-month tenancy shall be created. If at any time either party desires to terminate the month-to-month tenancy, such party may do so by providing to the other party written notice of intention to terminate at least 30 days prior to the desired date of termination of the month-to-month tenancy.  \nNotices to terminate may be given on any calendar day, irrespective of Commencement Date. Rent shall continue at the rate specified in this Illinois Lease Agreement, or as allowed by law. All other terms and conditions as outlined in this Illinois Lease Agreement shall remain in full force and effect. Time is of the essence for providing notice of termination (strict compliance with dates by which notice must be provided is required) .  \n3. RENT. Tenant shall pay to Landlord the sum of $  per month as Rent for the Term of the Agreement. Due date for Rent payment shall be the 1st day of each calendar month and shall be considered advance payment for that month. Weekends and holidays do not delay or excuse Tenant’s obligation to timely pay rent. Rent shall be sent to the following address:    \nA.  Delinquent Rent. If not paid on the 1st, Rent shall be considered overdue and delinquent on the 2nd day of each calendar month. If Tenant fails to timely pay any month’s rent, Tenant will pay Landlord a late charge of $  per day until rent is paid in full. If Landlord receives the monthly rent by the 3rd day of the month, Landlord will waive the late charges for that month. Any waiver of late charges under this paragraph will not affect or diminish any other right or remedy Landlord may exercise for Tenant’s failure to timely pay rent.  \nB.  Prorated Rent. In the event that the Commencement Date is not the 1st of the calendar month, Rent payment remitted on the Commencement Date shall be prorated based on a 30-day period.  \nC.  Returned Checks. In the event that any payment by Tenant is returned for insufficient funds (\"NSF\") or if Tenant stops payment, Tenant will pay $  to Landlord for each such check, plus late  \ncharges, 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.  \nD.  Order in which funds are applied. Landlord will apply all funds received from Tenant first to any nonrent 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.  \nE.  Rent Increases. There will be no r","cbCaiuwDPlluoRst","https://ap.wps.com/l/cbCaiuwDPlluoRst","pdf",101282,7,"English","# 1. Property\n# 2. Term\n# 3. Rent\n# 4. Security Deposit\n## A. Refund\n## B. Deductions","[{\"question\":\"When does the lease term end, and what happens afterward?\",\"answer\":\"The lease terminates on the specified termination date at 11:59 PM. If the landlord accepts new rent after that date, the tenancy becomes month-to-month unless the agreement is extended or replaced in writing.\"},{\"question\":\"How are rent due dates and late charges handled?\",\"answer\":\"Rent is due on the 1st day of each calendar month as advance payment. If not paid by the 1st, rent becomes overdue and delinquent on the 2nd, triggering late charges until paid in full, with a waiver if the monthly rent is received by the 3rd.\"},{\"question\":\"What can the landlord deduct from the security deposit?\",\"answer\":\"The landlord may deduct reasonable charges for unpaid or accelerated rent, late charges, unpaid utilities, cleaning/deodorizing/repairs the tenant is responsible for, pet violations, replacement of unreturned keys or security devices, removal of unauthorized locks/fixtures, insufficient light bulbs, and costs tied to abandoned property or reletting if the tenant is in default.\"}]","Illinois Residential Lease Agreement - Rental Terms, Rent, and Security Deposit | PDF"]