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Updated over 8 years ago,

User Stats

185
Posts
88
Votes
Chris Herrera
  • Real Estate Agent
  • Addison, IL
88
Votes |
185
Posts

Terminating a lease

Chris Herrera
  • Real Estate Agent
  • Addison, IL
Posted

I'm about to close on a property end of May and one of the tenants that I don't want to rent to has their year long lease end the last day of June. I think Illinois law states you need to give a tenant on a fixed lease 60 day notice. Since I won't even have the property for 60 days before the lease, should I just wait for the lease to end and let them know once it goes month to month? 

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