This is a residential lease form for use in your State. This lease is designed for a specific term such as 1 or more years, 6 months, etc. It contains many provisions, some of which you may desire to modify depending on your agreement with your tenant. You should use this form as a guide and modify it to suit your needs.
Indiana Residential Rental Lease Agreement
State:
Indiana
Control #:
IN-864LT
Format:
Word;
Rich Text
Instant download
Description
Free preview
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FAQ
Renters in Indiana have rights that include accessing safe living conditions, privacy, and the return of security deposits per state regulations. Understanding these rights is crucial for both tenants and landlords. An Indiana Residential Rental Lease Agreement can further define expectations and protect these rights.
As long as the contract spells out specific details and both parties have signed that they agree to the contract's terms, a handwritten contract is legally binding and enforceable in court.
The Lease Must be in Writing It does not matter if the lease is handwritten or typed.
Collect each party's information. Include specifics about your property. Consider all of the property's utilities and services. Know the terms of your lease. Set the monthly rent amount and due date. Calculate any additional fees. Determine a payment method. Consider your rights and obligations.
Breaking Lease in Indiana If you break a lease in Indiana, the landlord can require that you pay rent for the remainder of the term. However, due to the state's requirement that landlords mitigate damages, your landlord is expected to try to find a replacement as soon as possible to let you off the hook.
A lease can be written or verbal, but a verbal lease can be very difficult to enforce.Most leases are fairly standard and cover basic components such as rent amount, duration of lease term, resposiblities of each party and penalties for not following the terms.
You can legally move out without penalties. Just include your landlord in every step toward opting out of the lease. Go over the sections pertaining to breaking the lease. Look for an opt-out clause.
A written agreement can act as a roadmap for the landlord-tenant relationship, especially if a dispute arises. Also, real estate (land) leases for more than one year must be in writing. If a lease for over one year is not in writing, it will generally not be enforceable in court.
In Indiana, tenants have the right to put rent money towards repairs in the event a landlord hasn't made repairs within a reasonable time. Tenants also have the right to terminate a lease agreement when premises become uninhabitable.
The lease becomes legally binding when all parties have signed: the landlord and all tenants living in the unit who are 18 and older. If you're worried about situations where a lease needs to end early, learn about breaking a lease and grounds for eviction.