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Updated about 1 year ago on . Most recent reply

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Nolan Mahoney
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52
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RE attorney to review my Lease

Nolan Mahoney
Posted

Hello, 

I am looking for any good recomendations on a RE attorney to review my lease and make any tweaks that need to be done. I am going to be in the north west suburbs of chicago like, Elgin, Saint Charles, Aurora and Naperville area so if some one could send me the right direction in this that would be great. Thanks !

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John Warren
  • Real Estate Broker
  • 3412 S. Harlem Avenue Riverside, IL 60546
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John Warren
  • Real Estate Broker
  • 3412 S. Harlem Avenue Riverside, IL 60546
Replied

@Nolan Mahoney the Mainstreet Organization of Realtors lease covers areas like Elgin, Saint Charles, Aurora and Naperville. It would make a ton of sense to grab that from your realtor, or one of us can send it to you. The big thing is to make sure you have all the disclosures in there. Like @Paul De Luca mentioned, the Book on Managing Rental Properties is a fantastic book, but the lease documents will not serve you well here in IL. 

I also wouldn't recommend trying to reinvent the wheel here. Most landlords seem to think that all the little things they slip into the lease will help them. In my experience in court, they will not. If you get an undesirable tenant, the solution is to break up and not try to enforce a random slick thing in a lease that a judge will likely not allow anyways. 

  • John Warren
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