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Illinois Commercial Sublease Agreement
Sublet all or part of your leased business space to a subtenant with this Illinois Commercial Sublease Agreement.
- The Sublease can be used for office, retail shopping or other business premises.
- The subtenant pays the security deposit and the rent to the original tenant, who in turn pays the landlord.
- The original tenant must still perform its obligations under the head lease for the duration of the lease term.
- The original tenant assigns its interest in the sublease to the landlord.
- The original tenant directs the subtenant to pay rent directly to the landlord if the original tenant defaults in any of its obligations under the head lease.
- Available in MS Word format.
- Intended for use only in the State of Illinois.
$17.99
Illinois Mutual Cancellation of Commercial Lease
Cancel a business lease for office or retail space with this Illinois Mutual Cancellation of Commercial Lease template.
- This agreement is for commercial tenants only. You need a different form for residential rental properties.
- Both the lessor and lessee mutually agree to terminate the lease as of a specific date.
- The cancellation of the lease extinguishes all the rights and obligations of the parties under the lease, except for those which accrue prior to the termination date.
- Available in MS Word format.
- Intended to be used only in the State of Illinois.
$2.29
Illinois Guaranty of Commercial Lease
Obtain a Guaranty of a commercial lease from a business tenant with this downloadable template form for the State of Illinois.
- The Guaranty is absolute, unconditional, irrevocable and continuing.
- The guarantor guarantees payment of all rent, debts, and enforcement costs due to the landlord, and the performance of all of the tenant's covenants and obligations under the lease.
- If the lease is terminated due to the tenant's default, the guarantor agrees to enter into a new lease on the same terms and conditions which will continue until the date on which the original lease would have terminated.
To download the Illinois Guaranty of Commercial Lease form, add it to the shopping cart and check out via our secure transaction server.
$17.99