Illinois Leasing Agent Practice Exam

Which of the following lease conditions is typically deemed non-negotiable?

1. Payment terms

2. Length of contract

3. Alteration prohibitions

4. Security deposit amount

The correct answer is: Alteration prohibitions

In the context of leasing agreements, alteration prohibitions are typically deemed non-negotiable because they are often driven by the landlord's desire to maintain the integrity and value of the property. These prohibitions protect the property from unauthorized changes that could affect its structure, safety, or aesthetic appeal. Landlords generally have strict policies regarding alterations to ensure that the property remains in a condition that meets their standards and complies with building codes or community regulations. While the other lease conditions, such as payment terms, length of contract, and security deposit amount, can often be negotiated based on the circumstances and the willingness of both parties, alteration prohibitions tend to remain consistent and non-negotiable to uphold the landlord's management policies and property preservation strategies. Thus, these prohibitions are seen as a necessary standard included in most lease agreements.