6: Residential Leases

This chapter primarily focuses on the ins and outs of residential leases. A lease is a legally binding contract between a landlord and/or property owner and a tenant for a specific period of time. Leases define the rights and responsibilities of both parties, and include information such as rent fees and restrictions on use of space.

In Chicago, the Residential Landlord and Tenant Ordinance is the primary law governing relationships between residential landlords and tenants. This chapter is not meant to serve as a substitute for legal advice, but to raise fundamental points about signing a lease.