The Chicago Illinois Inventory and Condition of Leased Premises is a document used in the leasing process to establish the condition of the property before and after the tenancy. It is an essential tool for both landlords and tenants as it serves to protect their interests by documenting the condition and inventory of the premises. In the pre-lease stage, the inventory and condition report is prepared before the tenant moves into the property. It includes a detailed description of the property's condition, noting any existing damages, defects, or wear and tear. The report may cover various aspects of the premises, such as walls, ceilings, floors, windows, appliances, fixtures, and furnishings. Additionally, it may involve recording the presence of any pre-existing inventory, such as furniture or equipment, being provided by the landlord. Keywords: Chicago Illinois, inventory and condition, leased premises, release, before tenancy, property condition, damages, defects, wear and tear, walls, ceilings, floors, windows, appliances, fixtures, furnishings, pre-existing inventory, furniture, equipment, landlord, tenant. In the post-lease stage, the inventory and condition report is prepared at the end of the tenancy when the tenant is vacating the property. This report evaluates the condition of the premises compared to the initial pre-lease report, documenting any changes, damages caused during the tenancy, or missing items. It is crucial for resolving disputes regarding repairs, security deposits, or liability for damages, as it provides an objective assessment of the property's condition at the end of the lease. Keywords: Chicago Illinois, inventory and condition, leased premises, post-lease, end of tenancy, property condition, damages, changes, repairs, missing items, dispute resolution, security deposits, liability. Different types of Chicago Illinois Inventory and Condition of Leased Premises for PRE Lease and Post Lease include: 1. Residential: This type of report is used for leasing residential properties, such as houses, apartments, or condominiums. 2. Commercial: This report is specifically designed for leasing commercial properties, such as offices, retail spaces, or warehouses. It may include additional details relevant to commercial spaces, such as signage, HVAC systems, or loading docks. 3. Furnished/Unfurnished: Depending on whether the property is being leased with or without furniture and other inventory, there may be separate inventory and condition reports for each scenario. The furnished report will document the condition of the provided furnishings, while the unfurnished report will focus on the condition of the space itself. Keywords: Chicago Illinois, inventory and condition, leased premises, residential, commercial, furnished, unfurnished, houses, apartments, condominiums, offices, retail spaces, warehouses, furniture, signage, HVAC systems, loading docks. Overall, the Chicago Illinois Inventory and Condition of Leased Premises is a crucial document for both landlords and tenants. It ensures transparency, mitigates disputes, and protects the interests of all parties involved by providing an accurate account of the property's condition before and after the tenancy.
Para su conveniencia, debajo del texto en espaƱol le brindamos la versiĆ³n completa de este formulario en inglĆ©s. For your convenience, the complete English version of this form is attached below the Spanish version.