Indiana Lease Agreement Templates (6)

An Indiana lease agreement is a formal contract between a landlord and a tenant for a property in the state outlining the rules and regulations of the rental arrangement, including the duration of the agreement and the rent amount, as well as other details.

Last updated March 29th, 2024

An Indiana lease agreement is a formal contract between a landlord and a tenant for a property in the state outlining the rules and regulations of the rental arrangement, including the duration of the agreement and the rent amount, as well as other details.

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By Type (6)

Standard Lease Agreement – A contract between a landlord and a tenant to rent a residential property for a fixed amount of time, most commonly with 12-month terms.
Commercial Lease Agreement – A formal arrangement for a business to rent a property from a landlord.
Month-to-Month Lease Agreement – An at-will, monthly tenancy between the landlord and the tenant. Commonly, the contract automatically renews monthly, unless notice is given by either the landlord or the tenant to terminate, typically with a 30-day notice.
Rent-to-Own Agreement – A legally binding lease document in which the tenant can purchase the rental property at an agreed-upon date.
Roommate Agreement – This legal arrangement outlines the terms, conditions, and responsibilities of living together for individuals who split a residence.
Sublease Agreement – With written permission from the landlord, this agreement allows the tenant to rent all or part of the rental unit to another tenant. During this time, the original lease agreement still stands in effect between the landlord and the original tenant (sublessor). The sublease agreement is between the original tenant (sublessor) and the new tenant (sublessee).

Disclosures (3)

Managers and Agents Disclosure – Before the rental tenancy begins, the landlord must disclose the name and address of a person living in Indiana who is authorized to manage the rental unit and the accessible person in Indiana authorized to act as an agent to the owner to receive legal documents and notices. This can be the same person. IC 32-31-3-18

Lead-Based Paint Disclosure – For properties built before 1978, landlords are federally mandated to complete and have the tenants initial and sign this form.

Smoke Detectors – The landlord must require that the tenant acknowledges in writing that the property is furnished with a working smoke detector upon delivery of the rental unit. IC 32-31-5-7(6)

Security Deposit

Maximum Amount – Indiana does not regulate how much a landlord can charge as a security deposit.

Returning to Tenant – The landlord has 45 days to return any remaining security deposit to the tenant after deducting for repairs and/or unpaid rent. If the landlord uses money from the security deposit, they have 45 days to give the tenant an itemized list outlining the estimated expenses. IC 32-31-3-14

Landlord Access

General Access – The landlord must give reasonable written or oral notice, as well as only enter the unit during appropriate times. Tenants cannot withhold consent for landlords to enter the rental property for inspections, repairs, decoration, or a showing to prospective buyers or renters. IC 32-31-5-6

Emergency Access – Landlords can enter without notice in emergencies. IC 32-31-5-6(f)1

Abandoned Property – Landlords can enter an abandoned unit without notice. “Abandonment” is defined as failure to pay rent and other circumstances that could indicate surrendering the rental unit. IC 32-31-5-6(a)

Paying Rent

Grace Period – Indiana does not have a statutory grace period for rent payments. The tenant owes rent on the date disclosed in the lease agreement.

Maximum Late Fee – The landlord can charge however much they like for a late fee. Indiana law does not regulate late fees for rent.

Returned Checks (NSF) – Landlords can charge a maximum of $25 for a bounced check or form of payment.  IC 24-4.5-7-202

Reasons for Eviction (3)

Non-Payment of Rent – If a tenant does not pay rent, the landlord can issue a 10-day notice to pay the rent in full or vacate the property. IC 32-31-1-6

Non-Compliance – If the tenant violates the terms and conditions of the lease, the landlord can serve a 10-day notice, allowing the tenant to fix the violations or vacate the property. IC 32-31-7-7

At-Will Damage – If the tenant has a monthly lease agreement and willingly damages the property, the landlord can serve a notice to vacate the property immediately. Indiana Code § 32-31-1-8