A Chicago Illinois Letter from Landlord to Tenant that Sublease granted — Rent Paid by Subtenant, Old Tenant Released from Liability for Rent is a legal document that outlines the agreement between a landlord, an existing tenant, and a subtenant in Chicago, Illinois. The purpose of this letter is to inform the tenant and subtenant that the landlord has granted permission for a sublease arrangement, where the subtenant will be responsible for paying rent directly to the landlord, and the old tenant will be released from their liability for paying rent. This type of letter serves as an important communication tool to ensure all parties involved are aware of the terms and conditions surrounding the sublease agreement. It helps establish the legal obligations and responsibilities of each party, protects the rights of both the landlord and the subtenant, and clarifies any financial arrangements that may arise between the parties. Keywords that may be included in the letter to provide a comprehensive description and ensure clarity include: 1. Chicago, Illinois: This specifies the geographical location where the rental property is situated and indicates that the agreement complies with the specific laws and regulations applicable to Chicago, Illinois. 2. Letter from Landlord to Tenant: This indicates that the letter is being sent by the landlord to the existing tenant to inform them about the sublease arrangement. 3. Sublease granted: This phrase signifies that the landlord has given permission for the tenant to sublease the rental property. 4. Rent Paid by Subtenant: This clause specifies that the subtenant will be directly responsible for paying rent to the landlord, relieving the old tenant from this obligation. 5. Old Tenant Released from Liability for Rent: This statement confirms that once the sublease is in effect, the old tenant will no longer be responsible for paying the rent or any other financial obligations related to the rental property. Different variations or types of Chicago Illinois Letters from Landlord to Tenant that Sublease granted — Rent Paid by Subtenant, Old Tenant Released from Liability for Rent may exist depending on the specific terms of the agreement. For example, there could be variations to address specific sublease start and end dates, rent amounts, or any additional conditions imposed by the landlord. It is important to consult with legal professionals specializing in Chicago rental laws to ensure that the letter complies with all relevant legal requirements and accurately reflects the specific details of the sublease agreement.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.