Illinois Month-to-Month Lease Agreement Template

License / Price: Free
Version: Adobe PDF
File size: 143 KB
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The Illinois month-to-month lease agreement is favored by individuals who are unsure of the duration of their stay at the rental property and seek a lease with no fixed termination date. The lease is structured to expire at the end of every month, allowing the tenant to either renew by paying the next months’ rent. This type of tenant is typically light on possessions and the properties are, not always, but usually furnished. Some landlords may feel as though they do not need to ask the applying tenant(s) to complete a rental application because it would be easy to evict them, however, the same eviction laws apply to tenancy at will relationships as standard ones. To remedy this, the landlord should require the tenant to fill out a rental application.

Rent Increase (5/9-207) – The landlord must give one (1) month written notice before raising the rent.

Minimum Termination Notice (5/9-207) – Landlord or tenant must provide at least one (1) month notice before terminating the agreement.

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