Illinois Notice to Lessor of Lessee's Intention not to Renew Lease Where Lease Provides for Automatic Renewal in Absence of Contrary Notice

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US-03262BG
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Description

A lease agreement may contain specific provisions authorizing renewal or extension, or a subsequent agreement or modification may grant the extension or renewal. A lease agreement may also grant an option to either a lessee or a lessor to renew or extend the term of the lease agreement.


This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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FAQ

Ordinarily a lessor is not in a position to challenge or unreasonably deny an extension of lease which is validly sought by a lessee - the lessor is treated as having agreed to lease the property for the total duration contemplated under the original Lease Deed.

Illinois state law requires landlords to give 30 days' notice if they plan to terminate a month-to-month lease.Tenants with an oral or expired lease agreement are month-to-month.Landlords must give 30 days' notice to end a month-to-month lease.There are penalties for not providing proper notice.More items...?

What happens if rent agreement is not renewed ? If the rental agreement is not renewed then the tenant is legally required to vacate the property which he was occupying. The landlord will recover the possession of the flat.

In Chicago, a landlord cannot ask the tenant to renew more than 90 days before the lease ends. Also, if the tenancy is less than 6 months, the landlord must let the tenant know 30 days before the lease ends if the landlord doesn't want to renew the lease. Otherwise, the tenant gets to stay another 60 days.

For tenancies 6 months-3 years, must give 60 days notice or tenant can stay for 60 days. For tenancies over 3 years, must give 120 days notice or tenant can stay for 120 days.) In Cook County, a landlord cannot ask the tenant to renew more than 60 days before the lease ends.

For leases that run year-to-year, landlords must provide at least 60 days' notice to the tenant, before the lease is up, that the lease will be ending. Interestingly, for these rare year-to-year leases, the tenant must also provide the landlord with 60 days' notice if the tenant wants to end the lease.

If your landlord wants to end your periodic tenancy, they usually have to give you 90 days' notice. In some cases, your landlord only has to give you 42 days' notice. They will need to tell you the reason why they're giving you less notice though.

In most situations, a landlord is not required to extend or renew a lease. They can change any of the terms and conditions, including the rent price. They can also end ask you to leave the property when your lease is over and they don't need a reason.

If you are renting month-to-month, you are entitled to a 30-day written notice. Leases running year-to-year require a 60-day written notice. YOUR LANDLORD DOES NOT HAVE TO GIVE YOU ANY REASON FOR TERMINATING THE LEASE.

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Illinois Notice to Lessor of Lessee's Intention not to Renew Lease Where Lease Provides for Automatic Renewal in Absence of Contrary Notice