Termination of Commercial Real Estate Lease (IL) | Practical Law

Termination of Commercial Real Estate Lease (IL) | Practical Law

A recordable termination of lease used to confirm the termination or the expiration of a lease and to remove the encumbrance of a recorded lease from Illinois commercial real property. This Standard Document has integrated notes with important explanations and drafting and negotiating tips for both landlords and tenants.

Termination of Commercial Real Estate Lease (IL)

Practical Law Standard Document w-021-6236 (Approx. 18 pages)

Termination of Commercial Real Estate Lease (IL)

by Practical Law Real Estate
MaintainedIllinois
A recordable termination of lease used to confirm the termination or the expiration of a lease and to remove the encumbrance of a recorded lease from Illinois commercial real property. This Standard Document has integrated notes with important explanations and drafting and negotiating tips for both landlords and tenants.