Legal Question in Real Estate Law in Illinois
Law on renting
If you are renting and uou have no lease, what is the pros and cons of not having a lease?
Asked on 1/18/07, 8:44 am
1 Answer from Attorneys
Steven Pollack
Law office of Steven B. Pollack
Re: Law on renting
The pros are:
-Flexibility. You can move anytime you want. If you had a typical lease of a year that is now expired then it likely converted to a month-to-month lease.
The cons are:
Planning-Your landlord can rent to someone else, sell the building to a developer, or just kick you out with as little as a months notice.
Answered on 1/18/07, 9:31 am