This Rental Agreement ("Agreement") is made and entered into on this 1st day of February 2025, by and between:
Landlord: Johnathan Smith Address: 123 Maple Street, Springfield, IL 62704 Phone: (555) 123-4567 Email: jsmith@fakemail.com
Tenant: Michael Johnson Address: [Tenant’s New Rental Address] Phone: (555) 987-6543 Email: mjohnson@fakemail.com
The Landlord agrees to rent the following property to the Tenant:
Property Address: 456 Oakwood Avenue, Springfield, IL 62704 Type: Single-family house Number of Bedrooms: 3 Number of Bathrooms: 2 Square Footage: 1,800 sq. ft.
Lease Start Date: February 1, 2025 Lease End Date: January 31, 2026 Lease Type: Fixed-term lease (12 months)
After the lease term expires, the Tenant may request a renewal or continue on a month-to-month basis with written consent from the Landlord.
Monthly Rent Amount: $1,500 Payment Due Date: 1st of each month Late Fee: $50 if rent is not received by the 5th of the month Payment Method: Bank transfer, personal check, or online payment via RentPay
Bank Details: Bank: First National Bank Account Number: 123456789 Routing Number: 987654321
Security Deposit Amount: $1,500
The deposit shall be refunded within 30 days after the lease ends, provided there are no damages beyond normal wear and tear.
Landlord Responsibilities: Property taxes, building insurance, major structural repairs.
Tenant Responsibilities: Electricity, water, gas, internet, cable, minor maintenance.
The property shall be used solely as a private residence.
Subleasing is strictly prohibited without the Landlord’s written consent.
No illegal activities shall be conducted on the premises.
Pets are not allowed unless approved by the Landlord in writing.
If approved, a non-refundable pet deposit of $300 will be required.
The Landlord may enter the premises with 24-hour notice for inspections or repairs.
Emergency access without notice is permitted in cases of fire, flooding, or other urgent situations.
Either party may terminate this Agreement with a 30-day written notice before lease expiration.
Early termination by the Tenant will result in a penalty equal to two months' rent unless a replacement tenant is found.
By signing below, both parties acknowledge and agree to the terms of this Rental Agreement.
Landlord: Signature: ___________________________ Date: ___________
Tenant: Signature: ___________________________ Date: ___________