Indiana Notice of Landlord's Lien and of Sale

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Multi-State
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US-01020BG
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Word; 
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Description

A landlord's lien is a lien on a tenant's property for the satisfaction of unpaid rent or property damage. There are three types of liens: common-law liens, equitable liens, and statutory liens. A common-law lien gives a lienholder the right to retain possession of the property until the owner of the property satisfies the debt owed the lienholder. Statutory liens frequently expand the rights of the lienholder by modifying common-law liens or by creating new liens that did not exist at common law.


This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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FAQ

Neither instance of reasonable is defined in the Indiana code, but most landlords give 24-hour notice and enter during normal business hours. The reasons of entry include requested repairs, inspection, maintenance, court order, abandonment, showing the apartment to prospective tenants, or emergencies.

Remember, these notices to vacate are not evictions. They are friendly terms of ending a rental tenancy with your current landlord. While it can be shocking to learn you have to move, that is one of the realities of being a renter, your landlord can choose to sell his rental property at any time.

Landlords can terminate periodic tenancies by giving 90 days' notice where: Selling a Property: Selling a Tenanted Property A landlord can sell a tenanted property providing that they notify the tenant as soon as the property goes on the market.

If a landlord fails to follow the 45-Day Rule, the landlord must return all the tenant's deposit, withholding nothing for damages caused by the tenant, and the landlord is barred from suing the tenant for anything owed under the lease, except unpaid rent.

Advocate Rajesh RaiThere is no bar under the law to sell the property which is under tenancy/lease agreement. by way lease or tenancy, the possession of the premises was only given to you.

Your security deposit is covered under Indiana law and, in most circumstances, under your lease. Technically, your landlord remains liable to you for your security deposit for one year even after he or she sells the property to another owner.

Neither instance of reasonable is defined in the Indiana code, but most landlords give 24-hour notice and enter during normal business hours. The reasons of entry include requested repairs, inspection, maintenance, court order, abandonment, showing the apartment to prospective tenants, or emergencies.

Yes, a landlord can certainly sell his property, even with you living there under a lease. The good news is that the lease doesn't go away. The new owner has to buy the place with you in it. The buyer simply steps into the shoes of your current landlord.

Landlords do not need a reason to evict a tenant whose contract has expired, but must still provide 12 weeks' notice and follow the proper legal procedures. the contract allows for early termination of the lease and the term setting this out complies with fairness rules.

The tenant is protected by the common law hire goes before sale. If the property is sold, the new owner becomes the landlord and all the terms of the existing lease are enforceable. The new owner cannot cancel the lease, but must wait until the end of your existing lease period.

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Indiana Notice of Landlord's Lien and of Sale