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Good afternoon. I am Loren, an Illinois licensed attorney, and I look forward to assisting you.
Do the parties bot acknowledge the typo to have intended the date to be 5/31/2017?
Is there anything int he lease that says the term is 12 months?
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Here is your straightforward answer from an Illinois attorney with over 30 yrs of real estate practice experience:
If the lease is otherwise clear that the term was intended by the parties to be 12 mos then the typo will be treated as a harmless mistake and the lease will still be valid for 12 mos., as agreed between the parties.
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