💰 Illinois Rent Concession Disclosure
Rent Concession Disclosure Act – 765 ILCS 730
⚠️ REQUIRED DISCLOSURE
⚖️ 765 ILCS 730: Landlords offering rent concessions must disclose in writing before lease signing the full rent amount and the value of any concession.
🏠 Property Information
👥 Parties
📅 Lease Terms
💵 Rent & Concession Details
📊 Rent Summary
Full Monthly Rent:$0.00
Discounted Monthly Rent:$0.00
Monthly Savings:$0.00
Total Concession Value:$0.00
⚠️ Important Notice
RENT AFTER CONCESSION ENDS: After the concession period, rent will be the FULL amount shown above. Budget accordingly.
✍️ Signatures
Landlord
Tenant
Illinois Rent Concession Disclosure
Under 765 ILCS 730, landlords must disclose rent concessions in writing before lease signing.
Key: Tenants must know the full rent and what they’ll pay after promotions end.
What Must Be Disclosed?
- Full (non-discounted) monthly rent
- Discounted rent during concession
- Duration and total value of concession
- Rent after concession ends
⚖️ Legal Disclaimer
This form is for informational purposes only. Consult an attorney for legal advice.
