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Its important to note the Chicago Landlord Tenant Ordinance requires landlords to give tenants 30 days written notice if they do not intend to renew their lease. Failure to do so enables a tenant to stay in the property for 60 days after the lease ends under the same terms and conditions as the previous lease.
The lease term should include the start date and the end date for the lease. In the United States and Chicago, standard lease lengths can be month-to-month, six months, a year or longer.
An oral lease on a month-to-month unit allows you to move out with just a one months notice. An oral lease also allows the landlord to refuse to continue to rent to you with one month notice. Additionally, a landlord can increase the rent with a written letter giving you a full rental periods notice.
However, the lease does not automatically renew for the same duration as the original lease without the landlord and tenant executing a document in writing agreeing to this. Instead, the lease becomes a month-to-month lease, regardless of the leases original term.
An Illinois month-to-month rental agreement is a legal contract that authorizes a tenant to rent a property without an end date. The tenant pays a monthly rent payment, along with other utilities, and either the landlord or tenant can amend or terminate the agreement with thirty (30) days notice.
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