Fixed-Term Residential Lease
Clause 1. Identification of Landlord and Tenant
This agreement is entered into on November 1, 2020 between _______ (“Tenant”) and Allied Properties, (“Landlord”).
Clause 2. Identification of Premises
Subject to the terms and conditions this Agreement, Landlord rents to Tenant, and Tenant rents from Landlord, for residential purposes only, the premises located at ________, Bloomington, IL. 61701 (“the premises”), together with the following furnishings and appliances: _______________________
Clause 3. Limits on Use and Occupancy
The premises are to be used only as a private residence for Tenant(s) listed in Clause 1 of this Agreement, and their minor children. Occupancy by guest for more than 10 days in prohibited without Landlord’s written consent and will be considered a breach of this Agreement.
Clause 4. Term of the Tenancy
The term of the rental will begin on _________and ends on __________. The lease becomes monthly after the first year. Tenants/Landlord must give 30-day notice of vacating. If tenant vacates before the term ends, Tenant will be liable for the balance of the rent for the remainder of the term.
Clause 5. Payment of Rent
Tenant will pay to Landlord a monthly rent of $ ________, payable in advance on the first day of each month, except when that day falls on a weekend or legal holiday, in which case rent is due the next business day. Rent can be paid electronically via Venmo.
Cash will also be accepted in person ONLY.
Clause 6. Late charges
If Tenant fails to pay the rent in full before the end of the fifth day after it is due, Tenant will pay Landlord a late charge of $25, plus $10 for each additional day the rent remains unpaid. Landlord does not waive the right to insist on payment of the rent in full on the date it is due.
Clause 7. Returned Check and Other Bank Charges
If any check offered by Tenant to Landlord in payments of rent or any other amount due under this Agreement is returned for lack of sufficient funds, a “stop payment”, or any other reason, Tenant will pay a returned check charge of $50.00.
Clause 8. Security Deposit
On signing this Agreement, Tenant will pay to Landlord the sum of $ _______ as a security deposit. Tenant may not, without Landlord’s prior written consent, apply this security deposit to the last month’s rent or to any other sum due under this Agreement. Within 45 days after Tenant had vacated the premises, returned keys, and provided Landlord with a forwarding address, Landlord will return the deposit in full or give Tenant itemized written statement of the reasons for, and the dollar amount of, any of the security deposit retained by Landlord, along with a check for any deposit balance.
Clause 9. Utilities
Tenant is not responsible for electrical charges. Cable can be requested from local carrier. No Dish Satellite may be installed or holes drilled without written consent.
Clause 10. Assignment and Subletting
Tenant will not sublet any part of the premises or assign this Agreement without prior written consent of Landlord.
Clause 11. Tenant’s Maintenance Responsibilities
Tenant will: (1) keep the premises clean, sanitary, and in good condition and upon termination of the tenancy, return the premises to Landlord in a condition identical to that which existed when Tenant took occupancy, except for ordinary wear and tear; (2) immediately notify Landlord of any defects or dangerous conditions in and about the premises of which Tenant becomes aware; and (3) reimburse Landlord, on demand by Landlord, for the cost of any repairs to the premises damaged by Tenant or Tenant’s guest or business invitees through misuse or neglect.
Clause 12. Repairs and Alterations by Tenant
A.) Except as provided by law, as authorized below or by the prior written consent of Landlord, Tenant will not make any repairs or alterations to the premises, including nailing holes in the walls or painting of the rental unit without prior written consent.
B.) Tenant will not, without Landlord’s prior written consent, alter, re-key, or install any locks to the premises or install any burglar alarm system. Tenant will provide Landlord with a key or keys capable of unlocking all such re-keyed or new locks as well as instructions on how to disarm any new burglar alarm system.
Clause 13. Violating of Laws and Causing Disturbances
Tenant is entitled to quiet enjoyment of the premises. Tenant and guest or invitees will not use the premises or adjacent areas in such way as to: 1) violate any law or ordinance, including laws prohibiting the use, possession or sale of illegal drugs; 2) commit waste (severe property damage); or 3) create a nuisance by annoying, disturbing, inconveniencing, or interfering with the quite enjoyment and peace and quiet of any other tenant or nearby neighbor.
Clause 14. Pets
No pets are allowed without written consent.
Clause 15. Landlord’s Rights to Access
Landlord or Landlord’s agents may enter the premises in the event of an emergency, to make repairs or improvements, or to show the premises to prospective buyers or tenant. Landlord may also enter the premises to conduct annual inspection to check for safety or maintenance problems. Except in cases of an emergency, Tenant’s abandonment of the premises, court order, or where it is impractical to do so, Landlord shall give Tenant 24 hours notice before entering.
Clause 16. Extended Absences by Tenant
Tenant will notify Landlord in advance if Tenant will be away from the premises for seven (7) or more consecutive days. During such absence, Landlord may enter the premises at times reasonably necessary to maintain the property and inspect for needed repairs.
Clause 17. Possession of the Premises
A.) Tenant’s failure to take possession.
If, after signing this Agreement, Tenant fails to take possession of the premises, Tenant will be responsible for paying rent and complying with all other terms of this Agreement.
B.) Landlord’s failure to deliver possession.
If Landlord is unable to deliver possession of the premises to Tenant for any reason not within Landlord’s control, including, but not limited to, partial or complete destruction of the premises, Tenant will have the right to terminate this Agreement upon proper notice as required by law. In such event, Landlord’s liability to Tenant will be limited to the return of all sums previously paid by Tenant to Landlord.
Clause 18. Payment of Court Cost and Attorney Fees in a Lawsuit
In any action or legal proceeding to enforce any part of this Agreement, the prevailing party shall recover reasonable attorney fees and court costs.
Clause 19. Validity of Each Part
If any portion of this Agreement is held to be invalid, its invalidity will not affect the validity or enforceability of any other provision of this Agreement.
Clause 20. Grounds for Terminations of Tenancy
The failure of Tenant and their guests or invitees to comply with any term of this Agreement grounds for termination of the tenancy, with appropriate notice to Tenant and procedures as required by law.
Clause 21. Tenant Rules and Regulations
- Tenant shall be responsible for removal of snow from porch steps and sidewalks.
Initial______
- Tenant is required to carry responsible Rental Insurance.
Proof of coverage must be provided to Landlord.
Initial______
- Tenant shall NOT install a satellite system or television antenna.
Initial______
- NO smoking in any interior premises of the building or within 15 feet of any entry.
Initial______
- Tenant shall NOT burn candles or possess any open or closed flames.
Initial______
- Tenant should ask Landlord to hang any pictures on the walls.
Initial______
- Tenant will not place tampons or flushable wipes in toilet. Any clog in the drains that is declared to be caused by the tenant will be cleared and then charged to tenant.
Initial______
- Do NOT put grease, food, hair, or any other item that may clog into the drain.
Initial______
- Do NOT Paint any wall without written approval.
Initial______
Clause 22. Entire Agreement
This document constitutes the entire Agreement between parties, and not promises or representations, other than those contained here and those implied by law, have been made by Landlord or Tenant. Any modifications to this Agreement must be in writing by Landlord and Tenant.
__________ __________________________
Date Landlord or Landlord’s Agent Phone: 309-310-7119
__________ __________________________ __________
Date name of tenant(s) Phone