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.
Pay Rent Tenant With Check
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 you're looking for a quick, easy, and free way for tenants to pay rent online, Zelle can be a good option. All tenants need is the landlord's email address or mobile phone number. They can even set up recurring payments, so tenants never have to worry about forgetting to pay rent on time again.
You can write your own personal check to pay the rent for someone, and note on the memo line, that this is the rent check for such and such a person who lives at such and such address, for the month of whatever is approaching.
Yes, you can use peer-to-peer cash apps like Zelle, Venmo, and PayPal to pay and collect rent. However, the systems are not designed for rent payments, and using these apps could cause problems in the future, especially if you want to scale your rental business.
If you are covered under the TPO (Am I covered under the Oakland Tenant Protection Ordinance?), your landlord is obligated to cash your check or money order within 30 days of receiving it unless they have provided you with a receipt. You can write a letter describing this as a form of harassment.
The best ways for tenants to pay rent are certified payment methods. These are trackable methods that are more easily verifiable. Some methods are physical paper payment, such as cashier's checks, bank drafts, certified checks, and money orders, while others are online.