Illinois Mutual Cancellation of Commercial Lease

Cancel a business lease of office or retail space in Illinois with this Mutual Cancellation of Commercial Lease template.

• Both the lessor and lessee must mutually agree to terminate the lease as of a specific date.
• The cancellation of the lease extinguishes all the rights and obligations of the parties under the lease, except for those which accrue prior to the termination date.

This Illinois Mutual Cancellation of Commercial Lease form is available as a downloadable and fully editable Word file.