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Memorandum of Lease - Illinois

Illinois · Fillable PDF · Free

A memorandum of lease is a short, recordable notice that a lease exists. It protects a tenant’s rights, such as a long-term lease, option to purchase, or right of first refusal, against later buyers and lenders. A memorandum of lease is a short, recordable notice that a lease exists.

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Who this form is for

  • Illinois residents and families reviewing memorandum of lease instructions.

What you'll need

  • Read the original packet’s instructions and complete only the fields that apply.
  • Bring acceptable identification and follow the packet’s signature and witness instructions.

How to complete it

  1. Parties and lease (Pages 1–2) Enter the landlord, tenant, lease date, and term, plus any renewal or purchase rights.
  2. Describe the property (Page 2) Enter the legal description, PIN, and the premises leased.
  3. Both parties sign before a notary (Page 3) The landlord and tenant each sign and acknowledge before a notary, together or separately. Bring a current, government-issued photo ID.

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These forms are a free convenience, not legal advice. First Choice Mobile Notary & Apostille is not a law firm. Consult an attorney licensed in the relevant state for legal questions.

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