Resource Guide: The Rental Agreement Chicago Renters' Resource Guide, Chapter 3

This chapter of the Chicago Renters' Resource Guide provides an overview of the rental agreement, otherwise known as the lease.

A lease is a contract containing promises between you and the landlord. There are two types: a written lease and a spoken or oral agreement. Both are recognized by the courts and can be legally binding. Understanding what you are agreeing to when signing a lease or what you are agreeing to orally with your landlord is very important.