Illinois Sublease Agreement Template

License / Price: Free
Version: Adobe PDF
File size: 53 KB
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An Illinois sublease agreement is typical among individuals looking to lessen the monthly cost of their rent and share their rent and living space with another individual (called the “sublessee”). However, the agreement may also be for the sublessee to rent the entire space from the original tenant (called the “sublessor”). It is recommended that the sublessor inform the landlord of the new sublessee(s) on the property to avoid any confusion and to ensure that the master lease remains valid. A potential issue that can arise for the sublessor is if the sublessee does not contribute and make their monthly payment. In this case, the landlord cannot assist, and all responsibility is directed to the sublessor. Therefore, it is recommended that any new roommate or sub-tenant be screened with the Illinois rental application to make sure the person is financially trustworthy.

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