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In case of lack of fulfillment by one of the parties of his obligations to the stated conditions in this agreement, this agreement might be terminated by the initiative of the other party.

When Breaking a Lease Is Justified in Illinois You Are Starting Active Military Duty. ... You or Your Child Are a Victim of Domestic or Sexual Violence. ... The Rental Unit Is Unsafe or Violates Illinois Health or Safety Codes. ... Your Landlord Harasses You or Violates Your Privacy Rights.

Normally, neither the tenant nor the landlord can change their mind and get out of the lease before it ends, unless the other side agrees. But both parties can agree to end the lease early by a written agreement. If no agreement is reached, the tenant must pay rent for the full lease term, even if they move out.

If you are not familiar with the basic requirements for filling out lease agreements, our free lease agreement templates are the best choice! You can use the ready-made editable template to customize specific agreement forms. Specify the exact terms of the deal using a ready-made structure, fonts, and design.

Also, the landlord must let the tenant know 60 days before the lease ends if the landlord doesn't want to renew the lease. Otherwise, the tenant gets to stay 120 days. This notice period does not apply to Chicago, Evanston, Oak Park, and Mount Prospect.

There is no standard amount in Chicago; however, most landlords will usually accept the equivalent of 2 to 3 months' rent to break a lease. Buy-outs are similar to lease terminations by agreement but are often a matter of right.