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Landlord Resources
- Landlord and Tenant – Chapter 765, Acts 705 – 755
- Real Property – Chapter 765, Acts 5 – 170
- Handbook (Guide) – Renters Handbook
An Illinois rent-to-own agreement is a fixed-term rental contract that gives tenants the right to buy the property they’ve been renting. The conditions under which the tenant can exercise their purchase option are stated in the contract. The agreement also specifies the tenancy terms, including the move-in date and monthly rent.
An Illinois rent-to-own agreement is a fixed-term rental contract that gives tenants the right to buy the property they’ve been renting. The conditions under which the tenant can exercise their purchase option are stated in the contract. The agreement also specifies the tenancy terms, including the move-in date and monthly rent.