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Current as of January 01, 2025 | Updated by Findlaw Staff
§ 5-25. Arrearages, obligations, and liabilities.
(a) Rents or lease amounts unpaid for the period preceding the effective date of the lease termination shall be paid on a prorated basis. Rents or lease amounts paid in advance for a period after the effective date of the termination of the lease shall be refunded to the lessee by the lessor, the lessor's grantee, the lessor's agent, or the agent's grantee within 30 days after the effective date of the termination of the lease. Any relief granted by this Act to a service member may be modified as justice and equity require.
(b) Upon termination of a rental agreement under this Act, the tenant is liable for the rent due under the rental agreement prorated to the effective date of the termination payable at such time as would have otherwise been required by the terms of the rental agreement. The tenant is not liable for any other rent or any liquidated damages due to the early termination; provided, however, that a tenant may be liable for the cost of repairing damage to the premises caused by an act or omission of the tenant.
Cite this article: FindLaw.com - Illinois Statutes Chapter 330. Veterans and Service Members § 62/5-25. Arrearages, obligations, and liabilities - last updated January 01, 2025 | https://codes.findlaw.com/il/chapter-330-veterans-and-service-members/il-st-sect-330-62-5-25/
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