Understanding the Landlord Tenant Laws in Illinois
That is what is needed from when you become a landlord or a tenant. You are required to thoroughly go through not only the lease agreement, but also the rules and regulations with respect to your corresponding position—whether you are a landlord or a tenant.
If you are a landlord then the following rules apply to you: firstly you should provide a rentable space to live in. It must be able to accommodate the tenants comfortably, and should not cause them any danger or harm. You are required as per the state, to make all the necessary repairs. The space to live in should meet all the health and house codes, and be habitable. It is also permissible to make necessary changes in rules and regulations so long as they are reasonable and do not discriminate the tenant.
If you are the tenant, then the following rules apply to you: you should firstly demand a written lease so that there are no future misunderstandings and issues can be resolves using the signed lease agreement. Paying your rent on time is an actual rule now - if you do not pay on time the landlord has the right to charge you a “late fee”. The rental space should not be endangered or harmed intentionally and should be kept clean. The landlord can only pay for damages that have occurred due to a naturally occurring cause. If you wish to leave before the contract ends, a 30-day notice is required from you.
Understanding these rules is important because they will help both the landlord and the tenant stay in check, and maintain the repertoire that is legally required of them. If any of these rules are violated on behalf of the landlord or the tenant then, the courts and legal officials can intervene. If you think you can resolve the issue without the interference of the courts, then both parties should sit down and talk in a calm cool condition, which is best for all.
When it comes to having a tenant for the first time, it can be pretty daunting because you are going to be the corresponding landlord and a new relationship will emerge, which will need time to grow... More
The landlord and tenant laws in California are literally the same as they are in any other state. These laws, rules and regulations are put into practice because they uphold an order, a discipline,... More
People are aware that there are different rulings in each state with reference to the landlord/tenant laws. The state of Illinois also has a set of laws. These rules and regulations are basically... More
All landlords know that before they can formally become a landlord there are a lot of things they need to understand. Landlords and tenants cannot act as such without any legal bodies involved. That... More
When entering into an agreement with a potential tenant, a landlord needs to fully understand the contract that binds them into the specific relationship of being a landlord and a tenant. Now that the... More
If you’re currently considering the option of offering one of your properties for rental purposes, you should first educate yourself about the landlord tenant relationship. For the first timers, it’s... More
Landlords have many things to think of; they have to deal with legal issues, privacy issues, and so much more. Above all, they sometimes need to deal with a problem tenant. The interesting thing is... More
Most landlords may have some idea what an Estoppel Certificate is. However, many aspiring landlords are still unaware of what this certificate is all about. Basically, a tenant Estoppel Certificate is... More
Landlords have a lot of administrative work to do when they have tenants. It seems easy to let people come and live in your home, have them pay the monthly rent and carry out your daily activities.... More
There are a whole bunch of myths about lease agreements that most people believe that are simply not true: You can't rent a property without lease agreement – Actually there are laws in every state... More