Wheaton, IL Commercial & Residential Leases Attorney

Skilled Lawyer Helping Owners Lease Out Commercial and Residential Property Safely in DuPage County, IL

Whether you are an experienced landlord or leasing out a property for the first time, you need to be represented by a knowledgeable Wheaton, IL leasing attorney. There is always some risk involved in renting out a home or commercial space you own. It is normal to be apprehensive about handing over the keys to a space you worked hard to buy to a renter. Our experienced lawyers can help take steps to minimize your risk and help you avoid potential pitfalls.

The McCormick Law Firm, LLC has been working with residential and commercial landlords for over a decade. We can help with everything from drafting a protective lease to helping you choose a tenant wisely. Our years of experience have taught us to recognize and prevent potential future legal issues. We know what clauses must be included in a lease - and what types of clauses are unenforceable - and how to word a lease so that your interests are protected as well as possible.

Wheaton, IL Attorney for Residential Landlords

The lease controls a lot of what your tenant can and cannot do with your property. Having a lawyer who has a lot of experience draft the lease can go a long way toward protecting your property and your financial security. We can include rules designed to reduce damage to your property, such as by prohibiting tenants from using nails to hang heavy painting.

If you own a multi-unit building, we can also help you include rules that can prevent conflict between tenants. No landlord wants to be caught in a feud between two tenants who are repeatedly filing complaints about each other. Things like noise restrictions and rules about where people can smoke can help keep your building a peaceful living space.

If a tenant violates the rules you set, you have the lease to fall back on. Having a comprehensive lease in place can protect you by holding tenants accountable.

It is also critical to have an attorney with strong knowledge of tenants' rights draft your lease. Tenants cannot sign away the rights the law gives them, so any clauses that go against Illinois' landlord-tenant law cannot be enforced. Our lawyers can make sure your lease is not in violation of any local law.

Help With Commercial Leases

Commercial leases can be more complicated than residential leases, but there are some benefits. If a residential landlord wants to enter his housing unit, he must provide 24 hours notice. A commercial landlord can often walk in during normal business hours if the tenant's business is open to the public. This means that you can inspect your property more frequently to ensure that it is being taken care of.

In a commercial lease, one of the most important things you must do is ensure that the tenant will be able to run the type of business he or she plans to in the space you are offering. A variety of zoning laws and other local restrictions govern what most commercial spaces can be used for. Your lawyer can do the research needed to make sure that your tenant will be able to make use of the property.

Most residential leases require the renter to carry insurance - ensuring that your tenant is insured is especially important in a commercial lease. This way, you are protected if your tenant inadvertently damages your property.

If your tenant plans to make any permanent alterations or improvements to the space, you will want to address this in the lease. Many businesses that will be open to the public need to modify the space they are operating in, such as by installing a bar. Your attorney can help you determine whether to allow tenants to install permanent modifications to their spaces.

Contact a Wheaton, IL Commercial & Residential Leases Attorney

The McCormick Law Firm, LLC is committed to helping commercial and residential landlords create the strongest and most protective lease possible. Our dedicated DuPage County, IL leasing attorneys offer discounted services to veterans, active duty military members, and first responders, so please let us know if any of these apply to you. Contact us at 630-517-8570 for a free consultation.