Outline
The Indiana Residential Lease Agreement form serves as a crucial document for both landlords and tenants, outlining the terms and conditions of a rental arrangement in the state of Indiana. This form typically includes essential details such as the names of the parties involved, the rental property's address, and the duration of the lease. Additionally, it delineates the amount of rent due, payment methods, and any security deposit requirements. The agreement also addresses responsibilities regarding maintenance and repairs, rules concerning pets, and conditions for termination of the lease. By clearly defining the rights and obligations of both parties, the Indiana Residential Lease Agreement aims to minimize misunderstandings and disputes, fostering a more harmonious rental experience. Understanding the components of this document is vital for anyone entering into a rental agreement in Indiana, as it establishes the legal framework that governs the landlord-tenant relationship.
Form Sample
Indiana Residential Lease Agreement
This Residential Lease Agreement (hereinafter referred to as the "Agreement") is entered into this ____ day of ____________, 20____ (the "Effective Date"), by and between ____________________ (the "Landlord") and ____________________ (the "Tenant(s)"). Subject to the terms and conditions stated herein, this Agreement provides the Tenant(s) with the lease of the premises located at ________________________________ (the "Property"), in the state of Indiana.
In consideration of the mutual promises herein, and in compliance with the Indiana Residential Landlord and Tenant Act (if applicable), the parties agree to the following:
- Term of Lease: The lease term shall commence on ___________ and shall terminate on ___________, unless renewed or terminated earlier in accordance with the provisions of this Agreement.
- Rent: The monthly rent shall be $__________, payable on the first day of each month. The first month's rent and security deposit of $__________ are due upon signing of this Agreement.
- Security Deposit: The security deposit shall be held in accordance with Indiana state law and may be used to cover any damages caused by Tenant(s) beyond normal wear and tear.
- Maintenance and Repairs: Tenant(s) agree to keep the Property in clean and sanitary condition and to promptly notify Landlord of any needed repairs.
- Use of Property: The Property is to be used exclusively as a private residence by the Tenant(s) and their immediate family. Any other use is prohibited without prior written consent from the Landlord.
- Alterations: Tenant(s) shall not make any alterations to the Property without the prior written consent of the Landlord.
- Subletting: Subletting or assignment of the lease is prohibited without the Landlord's prior written consent.
- Pets: No pets are allowed on the Property without the prior written consent of the Landlord. If allowed, a non-refundable pet deposit in the amount of $__________ shall be required.
- Governing Law: This Agreement shall be governed by and construed in accordance with the laws of the State of Indiana.
By signing below, both the Landlord and Tenant(s) agree to the terms and conditions outlined in this Indiana Residential Lease Agreement.
Landlord Signature: ___________________________________ Date: ____________
Tenant Signature(s): ___________________________________ Date: ____________
Document Details
| Fact Name | Details |
|---|---|
| Governing Law | The Indiana Residential Lease Agreement is governed by Indiana Code Title 32, Article 31. |
| Duration of Lease | Leases can be for a fixed term, typically ranging from six months to one year, or can be month-to-month. |
| Security Deposit | Indiana law limits security deposits to one month's rent and requires landlords to return it within 45 days after the lease ends. |
| Notice Requirements | Landlords must provide a written notice of at least 30 days for lease termination in a month-to-month agreement. |
| Disclosures | Landlords must disclose specific information, such as the presence of lead-based paint in properties built before 1978. |
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