Sublease Agreement Template - Illinois

Sublease Agreement Template - Illinois

An Illinois Sublease Agreement is a rental contract signed by a tenant and the person or organization that will replace the tenant and use the rental unit for a certain period of time. In case you no longer want to live in your house or apartment or have to reduce rental costs by letting someone else use the commercial property you have rented, it is possible to obtain the consent of the landlord and find a third party that will take over as a subtenant assuming all your responsibilities.

A sublease contract is supposed to include a direct reference to the lease you have signed with the landlord, record the names and contact information of the parties, specify whether the entire residence or commercial space is sublet or only a part of it will be used by the subtenant, indicate the payment method (the subtenant might contact the landlord directly to send them the necessary payments), and explain who will handle general maintenance of the rental unit and pay for utilities.


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