Expiration of Lease (by Mark Cima [IL]) Aug 20, 2015 9:28 AM
Expiration of Lease (by mona [FL]) Aug 20, 2015 10:14 AM
Expiration of Lease (by rani3182 [TX]) Aug 20, 2015 11:43 AM
Expiration of Lease (by Blue [IL]) Aug 20, 2015 12:46 PM
Expiration of Lease (by Vee [OH]) Aug 20, 2015 2:52 PM
Expiration of Lease (by BRAD 20,000 [IN]) Aug 21, 2015 12:17 AM
Expiration of Lease (by Heather [IL]) Aug 21, 2015 8:18 AM
Expiration of Lease (by Mike45 [NV]) Aug 21, 2015 12:26 PM
Expiration of Lease (by Mark Cima [IL]) Posted on: Aug 20, 2015 9:28 AM Message:
State Specific Question About: ILLINOIS (IL)
How much notice is required for letting my tenant know I will not renew a lease? Current lease expires on 11/30/2015 (at midnight) and has a clause that if both parties agree can be a month to month; which I probably do not want. Also, what happens if I don't give a notice not to renew but my tenant decides not to renew? When do I need to have a new lease signed? I'm trying to understand the timing for all this for my county and state, which is Cook county (not Chicago) in IL. I'm undecided whether I'll want to resign the tenant but don't know what their intentions are either. They always pay the rent late and aren't very tidy. thanks, --98.228.xxx.xxx |
Expiration of Lease (by mona [FL]) Posted on: Aug 20, 2015 10:14 AM Message:
your lease should have 30 days or 60 days notice .if not check with the county website. --65.33.xxx.xx |
Expiration of Lease (by rani3182 [TX]) Posted on: Aug 20, 2015 11:43 AM Message:
You should probably decide if its also worth having a vacant unit in the month of December/Janurary in the chicago winter?
I would probably wait til the closer required day of 30 to 60 and then approach them with saying, you are open to a month to month lease. Then in Feb give them a 30 day notice as required to cancel the month to month. YOu will have a vacant until in March which you can get it ready and rent out in the spring!
--50.202.xxx.xxx |
Expiration of Lease (by Blue [IL]) Posted on: Aug 20, 2015 12:46 PM Message:
Well downstate it's 60 days for a 1 year lease. Mine revert to M TM after a year. I would go ahead and convert them with proper notice of course, then give them 30 days on Jan 1 or Feb 1 so they're out by prime rental season (when everybody gets their tax money back). Not sure if Cook county is under same rules as Chicago, so YMMV. --66.87.xx.x |
Expiration of Lease (by Vee [OH]) Posted on: Aug 20, 2015 2:52 PM Message:
I am thinking like the others, go inspect and extend for 3 months while you do what repairs you can then a quicker turnover time. --75.94.xxx.xxx |
Expiration of Lease (by BRAD 20,000 [IN]) Posted on: Aug 21, 2015 12:17 AM Message:
Mark,
Late means you have not been managing. This can be fixed. ZERO TOLERANCE on late payments works! Consider putting them on PayDayPlan Rent.
Tidy is a hard to fix. Is this untidiness offense to the neighbors and garbage, or just toys and clothes on the floor inside? I look for things that *I* will have to clean when they move out or things that make MY property look junky.
Everything is negotiable. Start by talking with them about their intent to stay or leave.
Be willing to use the Happy Clause and let him out early.
Avoid non-payers and avoid vacancies in Nov, Dec, Jan.
BRAD --68.50.xx.xxx |
Expiration of Lease (by Heather [IL]) Posted on: Aug 21, 2015 8:18 AM Message:
I was told by an attorney that if the tenant has a year-to-year lease, is 60 days notice. This notice must be serve no earlier than 4 months before the end of the year. --66.87.xx.xx |
Expiration of Lease (by Mike45 [NV]) Posted on: Aug 21, 2015 12:26 PM Message:
If I decide that I want these tenants out, I would not even ask how much notice I am required to give, or if I have to give notice at all. I would probably give two months notice, regardless.
Because the issue is no legality; it is practicality. Your goal is a smooth and timely turn-over, not the building of a legal case.
If they are not entitled to any notice, and you show up on December 1 expecting them to be out, what are the odds that they will have vacated? Even if you are legally right, so what? What are your legal options at that point?
“Dear Tenant, your lease expires on November 30, 2015. I am enclosing my Move-Out Instructions and Check-List. I would like to schedule a Pre-Move-Out Inspection with you sometime in the last week of your tenancy. I suggest 1:00 p.m. on Saturday, November 28. If that is not convenient for you, please provide me with two alternate dates/times for the inspection. Please feel free to list me as a reference when you are apply for new housing.”
Heather, if it is 60 day notice, why would it be served four months before the end? That is 120 days! --76.3.xxx.xxx |
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