This form is used by a Landlord to demand payment of overdue rent from a non-residential tenant within 5 days from giving the Notice in accordance with the laws of your state. (Note: If a written agreement provides for a longer notice, use the notice length stated in the agreement). "Non-Residential" includes commercial or industrial property. If the Tenant fails to pay within 5 days, the lease may be considered terminated by the Landlord. The Tenant is informed that the Tenant must either pay the rent or suffer possible termination. If he does not pay, the Landlord may begin eviction proceedings. If the Landlord does not elect to proceed with termination or eviction, but instead agrees to accept rent after the termination date stated in the Notice, the lease is generally reinstated. For additional information, see the Law Summary link.
Illinois 5 Day Form With Two Points
State:
Illinois
Control #:
IL-1208LT
Format:
Word;
Rich Text
Instant download
Description
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How to fill out Illinois 5 Day Notice To Pay Rent Or Lease Terminates - Nonresidential Or Commercial?
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FAQ
If the tenant pays within the 5 days, the landlord must take the money. If the tenant does not pay the rent within those 5 days, the landlord can file an eviction case in court. In Chicago, the tenant can even pay the rent after the 5 days is up and stay in the unit, as long as the landlord accepts the rent.
In order to do this you must: Give it to the tenant personally; Give it to someone over the age of 13 who lives with the tenant; Mail it by certified or registered mail, with a return receipt from the addressee; or. In case no one is living in the actual premises, by posting it on the door.
Purpose The 5 Day Eviction Notice is given to a tenant for nonpayment of rent only. It is not used for any other tenant violation. It must state the amount of rent due and give five days for the tenant to pay the rent.
Each Notice starts with a number of days, like 15-day or 30-day. The number of days is the deadline. You start counting the day after you get the Notice. For the Notices that ask you to pay or fix a problem or move out, you do not count weekends or court holidays in the deadline.
An Illinois five (5) day non-payment notice to quit is an official document used to notify when a tenant fails to pay rent on time. If the landlord does not receive rent on the due date, they may issue a 5-day notice to quit the next day. This notice should be served in person or posted on the tenant's door.