Chicago Illinois Extensión de Arrendamiento Comercial - Commercial Lease Extension

State:
Multi-State
City:
Chicago
Control #:
US-822LT
Format:
Word
Instant download

Description

Prórroga de arrendamiento comercial por nuevo término, con revisiones opcionales.

A Chicago Illinois commercial lease extension refers to the process of extending or renewing the terms of a commercial lease in Chicago, Illinois. It allows tenants and landlords to extend their existing lease agreement beyond its initial expiration date. Commercial lease extensions are commonly sought when both parties find it beneficial to continue the business relationship established under the original lease. This can be due to various reasons such as favorable rental rates, convenient location, established customer base, or the need for additional time to evaluate long-term plans. When seeking a commercial lease extension in Chicago, Illinois, it is essential to understand the different types available. These include: 1. Fixed-Term Lease Extension: This type of extension involves the tenant and landlord agreeing upon a fixed period for the lease extension. For example, the parties may decide to extend the lease for another one, two, or three years, with specific terms and conditions. 2. Month-to-Month Lease Extension: In some cases, tenants and landlords prefer a more flexible arrangement and opt for a month-to-month lease extension. This allows either party to terminate the lease with a notice of typically 30 days. While offering greater flexibility, this type of extension usually involves higher rental rates due to the added convenience. 3. Renewal of Lease: In situations where neither party requires significant changes to the terms, a lease renewal may be considered. This involves drafting a completely new lease agreement with the updated terms and conditions. Keywords: Chicago Illinois, commercial lease extension, commercial lease, Chicago lease extension, lease renewal, fixed-term lease extension, month-to-month lease extension.

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.
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FAQ

El propietario debe inscribirse en el Emergency Rental Assistance Program o en un programa similar de Illinois o el condado de Cook. La inscripcion se debe realizar el dia en que se emite el aviso de 5 dias o durante el periodo de negociacion.

¿ QUIENES CALIFICAN PARA LA AYUDA Los participantes deben vivir en la ciudad de Chicago. Los participantes deben tener 18 anos o mas. Los participantes deben haber experimentado dificultades economicas debido a la pandemia de COVID-19.

Como media un proceso de desahucio puede tardar unos 6 meses, pero en ocasiones el proceso tarda mas, si bien tambien es cierto que en ocasiones (no muchas) tarda menos, como el caso en que interpuse una demanda y el desahucio tardo solo un mes y 26 dias.

Aplazar el pago de la renta de, como maximo, 4 meses. O sea, el inquilino podra estar un maximo de 4 meses sin pagar la renta. Llegado el quinto mes, el inquilino tendra que pagar la renta habitual y, respecto a los 4 meses de atrasos, podra pagarlos mensualmente a lo largo de 3 anos.

1Puedes hacerlo en linea en el sitio web: Chicago.Gov/ChicagoMoves. 2Puedes aplicar en persona en cualquier ubicacion de la biblioteca publica de Chicago. No se puede aplicar en el Ayuntamiento. Puedes encontrar la solicitud que debes llenar haciendo clic aqui.

Puede llamar al 1-866-454-3571 para encontrar una organizacion local que pueda ayudarlo. Tambien puede encontrar organizaciones locales en la siguiente lista.

Este programa esta abierto para todos los residentes de Chicago, independientemente de su estatus migratorio. La asistencia para el pago de alquiler no es un beneficio de carga publica. Si usted tiene VIH, puede llamar al Centro de Coordinacion de Servicios de VIH al 1-844-HUB-4040 para obtener recursos especificos.

Requisitos para recibir los 500 dolares al mes por un ano Para mas informacion e inscribirse en las actualizaciones del proceso de solicitud, incluidos los futuros eventos de asistencia en persona y virtuales, los interesados pueden visitar chicago.gov/cashpilot.

Notificacion Escrita con 30 Dias de Anticipacion El dueno puede desalojarlo con una notificacion de 30 dias por cualquiera o ninguna razon.

Requisitos para la ayuda para pagar la renta en Chicago Vivir en Chicago. Haber experimentado una reduccion en los ingresos familiares o haber tenido algun gasto significativo relacionado directa o indirectamente con la pandemia de Covid-19. Estar en riesgo de desalojo o de tener una vivienda inestable.

More info

When in the transition from one apartment to the next, many renters have a gap between places to live. A commercial lease for office or retail space is a serious commitment for your business.The summary must be attached to each written lease agreement and lease renewal, and must be given to the tenant when there is an oral rental agreement. Residential 2020 Chicago Lease Pdf. A monthtomonth lease is commonly used as a way to extend a lease. Many tenants ended up having a bank as their landlord. You're coming to the end of your lease terms and your landlord has reached out about renewing or maybe even extending your lease. LegalVision lawyer Lianne Tan explains the five options available if you wish to get out of your commercial lease agreement early. The lease, including REQUIRED attachments, is 24 pages. • Fill in each blank.

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Chicago Illinois Extensión de Arrendamiento Comercial