Chicago Illinois Notice of Intent to Vacate at End of Specified Lease Term from Tenant to Landlord - Nonresidential

• Category: Illinois Landlord Tenant - Nonresidential Leases - Termination
• State: Illinois
• City: Chicago
• Control #: IL-1303LT
• Format: Word; Rich Text

Description

This Notice of Intent to Vacate at End of Specified Lease Term - Tenant to Landlord - Non-Residential means generally that no notice is required to terminate a lease which ends at a specific date. Example: "This lease begins on January 1, 2005 and ends on January 1, 2006". However, Landlords and Tenants routinely renew such leases. This form is for use by a Tenant to inform the Landlord that the Tenant intends to vacate at the end of the specified term. A Chicago Illinois Notice of Intent to Vacate at the End of a Specified Lease Term from a Tenant to a Landlord — Nonresidential is a formal document that notifies the landlord of a commercial property that the tenant intends to vacate the premises upon the expiration of the specified lease term. This notice, regulated by the laws of the state of Illinois and specific to the city of Chicago, is typically served to ensure a smooth transition and to comply with legal requirements. This notice informs the landlord of the tenant's intention to terminate the lease agreement and vacate the nonresidential property, such as a retail store, office space, or industrial warehouse, at the end of the specified lease term. It is crucial for both the tenant and landlord to have a clear understanding of the tenant's intentions to avoid any misunderstandings or legal disputes. The Chicago Illinois Notice of Intent to Vacate at the End of a Specified Lease Term from a Tenant to a Landlord — Nonresidential should include vital details to describe the intention accurately. Some relevant keywords and information that should be included are: 1. Date: The date when the notice is being written and sent. 2. Tenant's Information: The tenant's full legal name, current address, and contact information should be specified. 3. Landlord's Information: The full legal name of the landlord, their address, and contact details should be provided. 4. Property Details: The complete address of the nonresidential property being vacated, including unit number or suite if applicable. 5. Lease Agreement Details: The specific lease agreement reference or identification number, lease start date, and lease end date should be mentioned. 6. Notice of Intent: Clearly state that the notice is a formal declaration of the tenant's intent to vacate the premises at the end of the specified lease term. 7. Vacate Date: The exact date when the tenant plans to vacate the property, ensuring it coincides with the lease term's end. 8. Forwarding Address: The new address where all future correspondences, including the security deposit refund (if applicable), should be sent. 9. Signature: The tenant must sign and date the notice to provide formal acknowledgement and authentication of their intent. Different types of Chicago Illinois Notice of Intent to Vacate at the End of a Specified Lease Term from a Tenant to a Landlord — Nonresidential may be named differently depending on their specific purpose, such as: — Notice of Intent to Vacate at the End of Specified Lease Term from Tenant to Landlord — Nonresidential with Renewal Option: Used when a tenant intends to vacate upon the expiration of the lease term, even if a renewal option was previously agreed upon. — Notice of Intent to Vacate at the End of Specified Lease Term from Tenant to Landlord — Nonresidential without Renewal Option: Similar to the previous type, but explicitly states that the tenant does not wish to renew the lease agreement beyond the specified term. — Notice of Intent to Vacate at the End of Specified Lease Term from Tenant to Landlord — Nonresidential with Early Termination Agreement: Used when the tenant intends to terminate the lease agreement before the end of the specified term, in accordance with an early termination agreement previously made with the landlord. It is essential to consult a legal professional or review the specific lease agreement to ensure compliance with any additional requirements or provisions that may apply.

A Chicago Illinois Notice of Intent to Vacate at the End of a Specified Lease Term from a Tenant to a Landlord — Nonresidential is a formal document that notifies the landlord of a commercial property that the tenant intends to vacate the premises upon the expiration of the specified lease term. This notice, regulated by the laws of the state of Illinois and specific to the city of Chicago, is typically served to ensure a smooth transition and to comply with legal requirements. This notice informs the landlord of the tenant's intention to terminate the lease agreement and vacate the nonresidential property, such as a retail store, office space, or industrial warehouse, at the end of the specified lease term. It is crucial for both the tenant and landlord to have a clear understanding of the tenant's intentions to avoid any misunderstandings or legal disputes. The Chicago Illinois Notice of Intent to Vacate at the End of a Specified Lease Term from a Tenant to a Landlord — Nonresidential should include vital details to describe the intention accurately. Some relevant keywords and information that should be included are: 1. Date: The date when the notice is being written and sent. 2. Tenant's Information: The tenant's full legal name, current address, and contact information should be specified. 3. Landlord's Information: The full legal name of the landlord, their address, and contact details should be provided. 4. Property Details: The complete address of the nonresidential property being vacated, including unit number or suite if applicable. 5. Lease Agreement Details: The specific lease agreement reference or identification number, lease start date, and lease end date should be mentioned. 6. Notice of Intent: Clearly state that the notice is a formal declaration of the tenant's intent to vacate the premises at the end of the specified lease term. 7. Vacate Date: The exact date when the tenant plans to vacate the property, ensuring it coincides with the lease term's end. 8. Forwarding Address: The new address where all future correspondences, including the security deposit refund (if applicable), should be sent. 9. Signature: The tenant must sign and date the notice to provide formal acknowledgement and authentication of their intent. Different types of Chicago Illinois Notice of Intent to Vacate at the End of a Specified Lease Term from a Tenant to a Landlord — Nonresidential may be named differently depending on their specific purpose, such as: — Notice of Intent to Vacate at the End of Specified Lease Term from Tenant to Landlord — Nonresidential with Renewal Option: Used when a tenant intends to vacate upon the expiration of the lease term, even if a renewal option was previously agreed upon. — Notice of Intent to Vacate at the End of Specified Lease Term from Tenant to Landlord — Nonresidential without Renewal Option: Similar to the previous type, but explicitly states that the tenant does not wish to renew the lease agreement beyond the specified term. — Notice of Intent to Vacate at the End of Specified Lease Term from Tenant to Landlord — Nonresidential with Early Termination Agreement: Used when the tenant intends to terminate the lease agreement before the end of the specified term, in accordance with an early termination agreement previously made with the landlord. It is essential to consult a legal professional or review the specific lease agreement to ensure compliance with any additional requirements or provisions that may apply.