An Illinois month-to-month lease agreement is a residential rental contract between a landlord and a tenant that renews monthly. The tenancy continues with each monthly payment, and landlords may terminate the lease without cause with 30 days' notice.
Does a Lease Need to Be Notarized in Illinois? No, Illinois lease laws do not require that an Illinois Rental Agreement be notarized. The Lease just needs to be signed by both the Landlord, the lessor, and the Tenant, the lessee.
A lease in Illinois must include the names of all parties, property address, lease term, rent amount, and payment terms. It should be signed by both the landlord and tenant. Specific changes for 2024 can be found in Illinois Lease Agreements: A 2024 Guide.
In Illinois, some rental properties may include utilities in the rental prices, but it varies by landlord and property. However, apart from Evanston, Mount Prospect, and Oak Park, the landlord is obligated to tell the tenant the utility costs for the past year.
Starting January 1, 2025, Illinois will introduce the Landlord Retaliation Act, a new law designed to protect tenants from landlord retaliatory actions. This law will significantly impact Chicago landlords and property managers, who must stay updated on the latest changes in Illinois landlord laws.
In most standard Illinois residential leases, tenants are required to provide 30 days' written notice to legally terminate early. The notice period commences at the start of the next rental period after notice is given. Inform your landlord in writing as soon as possible once you decide to leave.
Illinois Tenant Rights and Responsibilities It is against the law in Illinois to discriminate in all aspects of real estate transactions, including renting or leasing, based on your source of income. This includes non-employment income, such Housing Choice Vouchers (Section 8) or disability payments.
Under the ordinance, landlords must provide: 60 days of notice to terminate your lease if you have lived in your apartment for more than six months but less than three years. 120 days of notice to terminate your lease if you have lived in your apartment for more than 3 years.