Illinois Sublease Agreement Template

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The Illinois Sublease Agreement Template serves as a contract form which will obligate a sub-lessee to a sub-lessor to each other once it has been signed. These obligations will be defined by the arrangement between these two parties then described and documented within the contract form itself. While this is only a contract between a sub-lessor and sub-lessee (the property owner/landlord has no contract with the sub-lessee) it is necessary to document such an agreement as this will capture the exact conditions agreed to when these two parties decided to enter a landlord/tenant relationship with one another.

This contract may seem somewhat unstable for the sub-lessee since there is no formal agreement with the property owner however it does provide the sub-lessee with a landlord: the sub-lessor. The sub-lessor will be the landlord guaranteeing the sub-lessee retains the right to the property as a tenant for the duration of the life of the sub-lease. Obviously, a sub-lease that has a termination date past the sub-lessor’s lease with a property owner would be an unwise contract to sign in many cases and one should consult an attorney before considering it.

The sub-lessor also benefits from this arrangement. That is, he or she may be lease locked and unable to move during a life event where they should or must. Since the sub-lessor holds a lease with the property owner/landlord as a tenant, there will be very few instances where courts may allow a residential lease to be prematurely terminated. However, if the sub-lessor/tenant is able to sub-let, this will enable them to move as desired while fulfilling his or her obligations to the landlord/property owner by having a sub-lessee do so. It should be noted that a sub-lease does not release the sub-lessor in their obligations to the property or the original lease signed with the property owner.

How to Write

Step 1 – Enter the name of the original tenant where it says “Lessee”

Step 2 – Enter the name of the person moving in where it says “Sub-lessee”

Step 3 – Enter the name of the landlord/property manager where it says “Lessor.”

Step 4 – Enter the location of the rental property where it says “premises located at.” Make sure to enter the apartment or suite number, city, and county in the appropriate areas.

Step 5 – Define how much of the property will be sublet. This may be done by either checking where it says “entire rental” or noting the percentage of the unit being sub-leased.

Step 6 – In item 1, enter the amount of rent that must be paid by the sub-lessee during the full term of the sub-lease. Then enter the monthly installments (rent) that must be paid. This should be followed by noting whether this should be paid by the Lessor or Lessee. Finally, enter the calendar date the lease is due on.

Step 7 – In item 2, choose whether the remainder of the rent should be paid to the lessor or sub-lessee. Then enter the dollar amount and the due date of these payments.

Step 8 – In item 3, enter the security deposit required to enter the lease. Then choose who shall hold the security deposit during the rent term by checking either “Lessor” or “Lessee”. This should be followed by the due date of the security deposit.

Step 9 – In Item 5, checkmark the party that is holding the security or damage deposit the lessee has paid then, the calendar due date the damage deposit must be returned by (minus the cost of any cleaning or damages that may be considered the fault of the tenant).

Step 10 – In item 6, checkmark the party holding the damage deposit paid by the sub-lessee them, enter the calendar day it must be returned by.

Step 11 – In item 9, make note of any agreements that shall apply to this sub-lease. Ideally, any additional agreements that are to apply to this sub-lease should be written out, signed, dated, and titled then attached to this lease and named in this item.

Step 12 – The final section of this sub-lease shall provide a space for each party to sign his or her name and date the signature (Lessee, Sub-Lessee, Lessor)