Illinois Agreement for Early Termination of Lease

Instructions for Illinois Landlords

If you are an Illinois landlord and your tenant has failed to pay rent, you may serve them with a 5 Day Notice for Unpaid Rent. This official notice informs the tenant of their obligation to pay the overdue amount within five days from the date the notice is served.

Purpose of the Notice

The 5 Day Notice is designed to formally alert the tenant of the unpaid rent and provide a clear deadline for payment. Upon receiving the notice, the tenant has five days to remit the overdue rent in full.

Consequences of Non-Payment

If the tenant does not pay the rent within the specified five-day period, the lease will be terminated. At that point, the tenant is required to vacate the premises as outlined in the lease agreement.

Affidavit and Proof of Service

The notice template includes an Affidavit and Proof of Service section. The individual who serves the notice must complete this affidavit, swearing to the fact that the notice was properly delivered to the tenant.

Template Format

This Illinois 5 Day Notice of Demand for Unpaid Rent is provided in Word format for ease of use. Landlords can quickly fill out and customize the form as needed for their specific situation.

Illinois landlords, assign your tenant's lease to a new owner of the property with this easy-to-use Assignment of Lease by Landlord form.

• The Assignment is between the current landlord, the purchaser of the property (new landlord) and the tenant.
• The current landlord assigns the lease to the new landlord, and the tenant covenants to pay rent to the new owner and continue to perform the tenant's obligations under the lease.
• The current landlord and the purchaser agree to indemnify each other against any claims or actions arising out of any breach of the terms of the assignment.
• This form can be used for either commercial or residential rental properties.
• Available in MS Word format.
• Intended to be used only in the State of Illinois.

Rent a house or apartment in Illinois to a tenant with this Rental Agreement for Residential Premises, for a monthly or weekly tenancy.

• The Agreement establishes what is called a periodic tenancy because it runs from rental period to rental period (month to month or week to week).
• The tenant must pay late fees if the rent is not paid on time, and a charge for any returned checks.
• The tenant is responsible for yard maintenance.
• Procedure that the landlord must follow for returning the tenant's security deposit at the end of the tenancy.
• Provisions for termination by either party, in accordance with landlord-tenant laws.
• The file also contains a Lead Paint Disclosure form, as required by law.
• Also included is a Premises Condition Report to be jointly filled in by the landlord and the tenant at the beginning and the end of the tenancy.
• This Illinois Rental Agreement for Residential Premises is provided in MS Word format, and is fully editable to fit your particular circumstances.