An Illinois Month-To-Month Rental Agreement is a legal contract that authorizes a tenant to rent a property without committing to a fixed lease term. This kind of agreement is flexible for both tenants and landlords.
The tenant pays a monthly rent payment, along with other utilities, and either the landlord or tenant can amend or terminate the agreement with thirty days’ notice.
Minimum Termination Period: The notice to terminate the lease by either party is required to be given 30 days in advance.
Law: 735 ILCS 5/9-207