Lease Addendum Rent Increase

Summary

In Illinois, landlords must provide a 60-day notice for rent increases on yearly leases. If a tenant refuses to sign the addendum, the landlord may terminate the lease at the end of the current term, not before. Consult a local attorney for personalized advice.

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Chicago Illinois
In Illinois, the landlord must provide at least a *-day notice for rent increase if the lease is less than a year. For a lease that is a year or longer, a *-day notice is required. Please confirm your lease duration.
My lease began *.*.* and ends *.*.*
Thanks for confirming. As your lease is for a year, your landlord in Illinois should provide:
- A written notice 60 days before the rent increase.
- The notice should specify the increase amount and the effective date.
The the addendum also states my lease will begin *.*.*
If the addendum states your new lease term begins *.*.*, it also needs to include the new rent amount. If it's greater than your current rent, you should have received this addendum at least 60 days prior to *.*.* under Illinois law.
The 60 day notice states i have to sign the addendum by February 1st *. What happens if I don't sign it?
If you choose not to sign the addendum by the specified date, the landlord may not enforce the rent increase or may choose to terminate the lease. Please consult with a local attorney for more advice.
Can they terminate the lease prior to sept
In Illinois, if a tenant refuses to accept a rent increase and doesn't sign the addendum, the landlord may terminate the lease at the end of the current lease term, not before. So, they can't terminate it prior to September. Please consult with a local attorney for further clarification.
Thank you
You're welcome! If you have further questions, don't hesitate to ask. Remember, it's always a good idea to consult with a local attorney for personalized advice. Have a great day!