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In Illinois, a rental application is a document that determines the qualifications of a potential tenant for a rental property or apartment. These forms are documents that landlords use to uniformly collect all applicants’ information to help them determine the most worthy applicant. These applications provide an in-depth look into an applicant’s past and current financial and living situation.
For example, a rental application may reveal that one applicant makes more money than the rest of the people that applied. However, the rental application may also reveal (perhaps after a background/credit check) that the person who makes more money than the other applicants also has a history of evictions and late credit card payments, proving that they are not the ideal tenant. The rental application effectively showed the landlord that this person was not the best candidate for this apartment.
Rental applications generally come with a fee to pay for the landlord to process and order a background/credit check.
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The Illinois rental application allows landlords to verify a prospective tenant's background information and credit history before signing a lease agreement. In Illinois, there is no maximum for an application fee; the landlord may ask for any amount.
Landlords in Illinois may also ask a prospective tenant any amount for a security deposit; there is no maximum.
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The rental application should include the following sections:
U.S. Department of Housing and Urban Development
According to Illinois State Law (765 Ill. Comp. Stat. 710/1; 715/1 to 715/3), a landlord must return a tenant’s security deposit no later than 30 days after they vacate the premises.
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