Chicago Illinois Notice of Intent Not to Renew at End of Specified Term from Landlord to Tenant for Residential Property

• Category: Illinois Landlord Tenant - Residential Leases - Termination
• State: Illinois
• City: Chicago
• Control #: IL-1304LT
• Format: Word; Rich Text

Description

This Notice of Intent Not to Renew at End of Specified Term from Landlord to Tenant for Residential Property means 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 Landlord to inform the Tenant that the lease will not be renewed at the end of the specific term and to be prepared to vacate at the end of the lease term. The "Chicago Illinois Notice of Intent Not to Renew at End of Specified Term from Landlord to Tenant for Residential Property" is a legally binding document used by landlords in the city of Chicago, Illinois to inform tenants that their current lease agreement will not be renewed at the end of its specified term. This notice is typically used for residential properties and serves as a formal communication from the landlord to the tenant regarding the expiration of the lease agreement. Keywords that may be relevant in this notice include: 1. Chicago, Illinois: Specifies the jurisdiction where this notice is applicable, ensuring compliance with local rental regulations and laws specific to the city. 2. Notice of Intent: This term indicates that the purpose of the document is to notify the tenant of the landlord's decision not to renew the lease agreement upon its expiration. 3. Not to Renew: Specifies that the landlord has chosen not to extend the current lease agreement and will not offer the tenant an opportunity to renew for another term. 4. End of Specified Term: Refers to the date on which the lease agreement is officially set to expire, typically marking the end of a fixed-term lease, such as a one-year lease. 5. Landlord: Refers to the property owner or the authorized legal representative who is responsible for managing and maintaining the residential property. 6. Tenant: Refers to the individual(s) who currently occupy the residential property under a lease agreement with the landlord. It is important to note that there may be different types of this notice based on various factors, such as the type of residential property or the specific terms outlined in the lease agreement. Some alternative versions of this notice include: 1. Chicago Illinois Notice of Intent Not to Renew at End of Specified Term from Landlord to Tenant for Apartment: This version is specific to apartments and may include additional clauses or provisions specific to rental units in multi-family buildings. 2. Chicago Illinois Notice of Intent Not to Renew at End of Specified Term from Landlord to Tenant for Single-Family Home: This version is tailored for rental agreements involving single-family homes and may contain provisions unique to detached residential properties. These variations acknowledge the different types of residential properties and may involve specific considerations or requirements depending on the property type. It is essential for landlords to ensure they are using the correct type of notice that aligns with the specific property and lease agreement terms to maintain legal compliance and protect their rights as property owners.

The "Chicago Illinois Notice of Intent Not to Renew at End of Specified Term from Landlord to Tenant for Residential Property" is a legally binding document used by landlords in the city of Chicago, Illinois to inform tenants that their current lease agreement will not be renewed at the end of its specified term. This notice is typically used for residential properties and serves as a formal communication from the landlord to the tenant regarding the expiration of the lease agreement. Keywords that may be relevant in this notice include: 1. Chicago, Illinois: Specifies the jurisdiction where this notice is applicable, ensuring compliance with local rental regulations and laws specific to the city. 2. Notice of Intent: This term indicates that the purpose of the document is to notify the tenant of the landlord's decision not to renew the lease agreement upon its expiration. 3. Not to Renew: Specifies that the landlord has chosen not to extend the current lease agreement and will not offer the tenant an opportunity to renew for another term. 4. End of Specified Term: Refers to the date on which the lease agreement is officially set to expire, typically marking the end of a fixed-term lease, such as a one-year lease. 5. Landlord: Refers to the property owner or the authorized legal representative who is responsible for managing and maintaining the residential property. 6. Tenant: Refers to the individual(s) who currently occupy the residential property under a lease agreement with the landlord. It is important to note that there may be different types of this notice based on various factors, such as the type of residential property or the specific terms outlined in the lease agreement. Some alternative versions of this notice include: 1. Chicago Illinois Notice of Intent Not to Renew at End of Specified Term from Landlord to Tenant for Apartment: This version is specific to apartments and may include additional clauses or provisions specific to rental units in multi-family buildings. 2. Chicago Illinois Notice of Intent Not to Renew at End of Specified Term from Landlord to Tenant for Single-Family Home: This version is tailored for rental agreements involving single-family homes and may contain provisions unique to detached residential properties. These variations acknowledge the different types of residential properties and may involve specific considerations or requirements depending on the property type. It is essential for landlords to ensure they are using the correct type of notice that aligns with the specific property and lease agreement terms to maintain legal compliance and protect their rights as property owners.