Indiana Standard Residential Lease Agreement

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The Indiana standard residential lease agreement is used by landlords to establish the terms and conditions under which a tenant is permitted to lease residential real estate. Lease agreements are fundamental in defining the legal rights of the parties during the contract term. Conditions such as the monthly rent, lease expiration, security deposit, and late fees are addressed in the agreement.

Indiana Standard Residential Lease Agreement

The Indiana standard residential lease agreement is used by landlords to establish the terms and conditions under which a tenant is permitted to lease residential real estate. Lease agreements are fundamental in defining the legal rights of the parties during the contract term. Conditions such as the monthly rent, lease expiration, security deposit, and late fees are addressed in the agreement.

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Last updated January 23rd, 2024

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The Indiana standard residential lease agreement is used by landlords to establish the terms and conditions under which a tenant is permitted to lease residential real estate. Lease agreements are fundamental in defining the legal rights of the parties during the contract term. Conditions such as the monthly rent, lease expiration, security deposit, and late fees are addressed in the agreement.

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Rental Application – Landlords use this form to collect information and permission for background checks on potential tenants.

Required Disclosures (5)

  1. Disclosure of Structure in Flood Plain – If the lowest floor or basement of a residence is located at or below 100-year frequency flood elevations, the landlord must disclose this to prospective tenants before a lease is signed.[1]
  2. Identification – Before executing a lease agreement, the landlord must disclose the name and address of an individual who is authorized to manage the property and a person who is authorized to receive/issue notices and demands.[2]
  3. Lead-Based Paint Disclosure (PDF) – The landlord must disclose the presence of lead-based paint to tenants if the rental property was constructed before 1978.[3]
  4. Smoke Detector – Landlords must have tenants acknowledge in writing the existence of functioning smoke detectors on the premises.[4]
  5. Water and Sewage – All water and sewage services must be disclosed to the tenant.[5]

Security Deposit Laws

  • Maximum Amount ($) – No statutory limit.
  • Returning to Tenant – 45 days.[6]

Rent Grace Period

No rent grace period is mentioned in Indiana statutes.

Landlord Resources

Sources

  1. § 32-31-1-21
  2. § 32-31-3-18
  3. EPA/HUD Fact Sheet
  4. § 32-31-5-7
  5. § 8-1-2-1.2(k-m)
  6. § 32-31-3-12(a)(3)