Legal Question in Landlord & Tenant Law in Illinois

Verbal Rental Agreement

In January 2003 I contacted a local property owner and discussed the possibility of renting an industrial location from them. On February 7, I viewed the premesis and on February 10, I indicated my desire to rent the location for my business. I asked about the procedure to sign a lease and was told that there was sufficient time to solidify the deal. From that time until April, we both made plans for the rental to take place. In early April they finally did a business check and on April 10 I called once again to discuss the contract. They told me that they would not be able to lease the property to me because of past business credit issues. She indicated that I still had sufficient time to locate a new building because my current lease did not expire until the end of June. Is there any responsibility on the owner's behalf for not wanting to issue a credit check and lease upon my request in February? I gave my current landlord a notice based on this promise and my current location has been rented. Is there anything binding from a verbal agreement in this manner and can a landlord procrastinate after giving a verbal approval and then deny the request?


Asked on 4/12/03, 12:25 am

1 Answer from Attorneys
Mary McDonagh McDonagh-Faherty Law Offices

Re: Verbal Rental Agreement

I think you are in a bind without a written agreement. You should always get stuff like this in writing to protect yourself from the situation you are currently in. I would suggest you go look for another place.

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Answered on 4/14/03, 4:36 pm


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