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Illinois Assignment of Lease by Landlord
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.
$11.99
Illinois Resident Manager Agreement
Illinois landlords, hire one of your tenants to act as resident manager of your rental building with this Agreement to Act as Resident Manager.
- The tenant will act as resident manager of the rental building in exchange for free or reduced rent, plus a monthly management fee.
- The resident manager will collect rent and late fees and issue receipts to tenants.
- The manager must inspect the rental unit for damage at the end of a tenancy, and show empty rental units to prospective new tenants.
- The resident manager also has the authority to issue eviction and default notices to tenants.
- There are also groundskeeping and building maintenance duties.
- This template is provided in MS Word format, and is fully editable to fit your circumstances.
- Intended to be used only in the State of Illinois.
$12.49
