Extract Data From Legal Illinois Lease Termination Forms For Free

You Have an Early Termination Clause Your lease may contain a clause that lets you end the lease early by paying an early termination fee. If the lease has a fixed end date, you may be able to pay a specific fee such as two months' rent as long as you give a specific amount of notice such as one month.

What is a Cancellation Of Lease? A cancellation of lease is a legal document that outlines the process where a tenant ends their tenancy agreement with the landlord. The most common reason for this process to occur is when a tenant has purchased or found another property and needs to move.

It's important to note the Chicago Landlord Tenant Ordinance requires landlords to give tenants 30 days' written notice if they do not intend to renew their lease. Failure to do so enables a tenant to stay in the property for 60 days after the lease ends under the same terms and conditions as the previous lease.

I want to inform you that I will not be able to stay in the apartment/ house until the end of my rental agreement. The reason for the termination is [explain why you are leaving]. I really enjoyed staying here and will clean the house/apartment before moving out.

Lease Termination Letter from Tenant Sample Dear [Landlord's name], I wish to inform you that I will be terminating my lease on [date you plan to terminate]. This letter provides the necessary notice of [required notice] as outlined in the lease.

I wish to inform you that I will be terminating my lease on [date you plan to terminate]. This letter provides the necessary notice of [required notice] as outlined in the lease. I will move out my belongings and return my keys to [address of property management office] by [date you plan to terminate].