Free Illinois Termination of Lease Agreement Form

1Get Started

2Agreement Location

3Lease Agreement Details

4Party Details

5Other Party Details

6Termination Date

7Compensation

8Witnesses

• What type of property is being rented?
  • House
  • Apartment
  • Room
  • Commercial
  • Other

• Agreement Location

• Where was the lease agreement signed?
  AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming

• Different states have different rules and regulations. Your Early Termination of Lease will be customized for .

• Lease Agreement Details

• When would you like to include the lease agreement's purpose and signing date?
  • After printing or downloading
  • Now
• What was the lease agreement for?
  e.g. The agreement to lease 285 ABC Road, San Antonio, TX.

• When was it signed?

• Date:
  MM slash DD slash YYYY

• Party Details

• Who is creating this Termination Agreement?
  • Individual
  • Company/Organization
• Full Name:
  e.g. John Davis
• Name:
  e.g. ABC Corporation
• Address:
  e.g. Street, City, State ZIP Code

• Other Party Details

  
  

• Who is the other party?

• Second Party
  • Individual
  • Company/Organization
• Full Name:
  e.g. Jordan Mang
• Name
  e.g. XYZ Corporation
• Address:
  e.g. Street, City, State ZIP Code
• 3rd party check
  • Add another party
• Third Party
  • Individual
  • Company/Organization
• Full Name:
  e.g. Miller Anderson
• Name:
  e.g. Canela Market
• Address:
  e.g. Street, City, State ZIP Code
• party 4 check
  • Add another party
• Fourth Party
  • Individual
  • Company/Organization
• Full Name:
• Name:
• Address:
  e.g. Street, City, State ZIP Code
• party 5 check
  • Add another party
• Fifth Party
  • Individual
  • Company/Organization
• Full Name:
• Name:
• Address:
  e.g. Street, City, State ZIP Code
• party 6 check
  • Add another party
• Sixth Party
  • Individual
  • Company/Organization
• Full Name:
  e.g. Jordan Mang
• Name:
  e.g. XYZ Corporation
• Address:
  e.g. Street, City, State ZIP Code
• party 7 check
  • Add another party
• Seventh Party
  • Individual
  • Company/Organization
• Full Name:
  e.g. Jordan Mang
• Name:
  e.g. XYZ Corporation
• Address:
  e.g. Street, City, State ZIP Code
• party 8 check
  • Add another party
• Eighth Party
  • Individual
  • Company/Organization
• Full Name:
  e.g. Jordan Mang
• Name:
  e.g. XYZ Corporation
• Address:
  e.g. Street, City, State ZIP Code
• party 9 check
  • Add another party
• Ninth Party
  • Individual
  • Company/Organization
• Full Name:
  e.g. Jordan Mang
• Name:
  e.g. XYZ Corporation
• Address:
  e.g. Street, City, State ZIP Code
• party 10 check
  • Add another party
• Tenth Party
  • Individual
  • Company/Organization
• Full Name:
  e.g. Jordan Mang
• Name:
  e.g. XYZ Corporation
• Address:
  e.g. Street, City, State ZIP Code

• Termination Date

• When will the lease agreement be terminated?
  • On a specific date
  • When this Termination Agreement is signed
  • Today
  • Unsure
• Termination Date:
  MM slash DD slash YYYY

• Compensation

• Will any party provide compensation for the lease agreement ending early?
  • Yes
  • No

• Who will provide compensation?

• First Party
  • First Party
• What compensation will you provide?
  e.g. $10,000.00 to John Smith
• Second Party
  • Second Party
• What compensation will the Second Party provide?
  e.g. $10,000.00 to John Smith
• Third Party
  • Third Party
• What compensation will the Third Party provide?
  e.g. $10,000.00 to John Smith
• Fourth Party
  • Fourth Party
• What compensation will the Fourth Party provide?
  e.g. $10,000.00 to John Smith
• Fifth Party
  • Fifth Party
• What compensation will the Fifth Party provide?
  e.g. $10,000.00 to John Smith
• Sixth Party
  • Sixth Party
• What compensation will the Sixth Party provide?
  e.g. $10,000.00 to John Smith
• Seventh Party
  • Seventh Party
• What compensation will the Seventh Party provide?
  e.g. $10,000.00 to John Smith
• Eighth Party
  • Eighth Party
• What compensation will the Eighth Party provide?
  e.g. $10,000.00 to John Smith
• Ninth Party
  • Ninth Party
• What compensation will the Ninth Party provide?
  e.g. $10,000.00 to John Smith
• Tenth Party
  • Tenth Party
• What compensation will the Tenth Party provide?
  e.g. $10,000.00 to John Smith

• Witnesses

• Will you sign this agreement in front of witnesses?
  • Yes
  • No

Skip this step for now

Please wait, your document is being prepared.

Important information to Note About the Termination of Lease Form Illinois

If you are a landlord or a tenant, you can easily end the tenancy with or without a specified reason. The law requires you to give the other party a sufficient notice period to vacate or find a new tenant. You only need to fill out a Illinois termination of lease form and serve it to the non-terminating party.

Keep reading to learn more about the lease termination form and how it works.

What is a Lease Termination Notice?

The termination of lease form in Illinois is a legal document used by landlords and tenants to end their rental contracts. The landlord can use the document to notify the tenant that they are canceling the agreement and should vacate the premises within the specified timeline.

The tenant can also use the document to inform the landlord that they want to terminate the rental contract, and the landlord should prepare their deposit (if applicable) and start looking for a new renter.

Note that a rental lease termination letter is different from a notice to quit. The latter is a formal document sent to either a landlord or a tenant informing them of a violation of contract terms, which must be rectified within a specified time. If the mentioned issues/obligations are not addressed, a lease termination letter can be given to end the relationship.

When Should You Use a Lease Termination Notice?

As a landlord, you use a rental agreement cancellation letter when;

A tenant can serve a landlord with an end-of-lease letter when;

Details and Legal Requirements for Termination of Lease Notices

A Illinois termination of lease form should have essential basic information, like the full names of both parties, the rental property address, the effective date of cancellation, and the signature of the terminating party. It should also have a statement showing the intent to end the rental agreement.

According to Illinois' landlord-tenant laws, a release of lease agreement letter must provide a notice period. Essentially, to end a year-to-year tenancy, you give a 60-day notice. For quarter-to-quarter and month-to-month tenancies, you give a 30-day notice. For week-to-week rental agreements, you provide a 7-day notice.

Creating a Lease Termination Letter the Easy Way!

You can create a termination of lease letter in two ways: manually or using an online template. Writing the letter manually can be complicated and time-consuming.

However using a free Illinois termination of lease form template is simply an excellent option to consider. All you have to do is complete the form with accurate information, download it, and print it. Then, append your signature and serve it to the other party.

How Lease Termination Letter Work?

When the landlord serves the letter to a tenant, they will have to vacate by the specified date. If a tenant fails to move out by the termination date, the landlord can get The Writ of Possession. This is a court order used to remove the tenant and their belongings from the rental property. The law enforcement officers will implement the order.

If you want to create a rental cancellation letter, Forms.legal offers free Illinois termination of lease form templates to streamline the process for you. Simply complete the form online, download it, and print it for the lease termination in Chicago, Aurora, Rockford or for any other city in the state. The process is simple, saving you the stress of writing the letter from scratch.