Indiana Sublease of Office Space under Master Lease Agreement

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Multi-State
Control #:
US-1263BG
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Word; 
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Description

A Master lease is a lease that controls subsequent leases or subleases. It is a lease that allows an existing lessee to lease additional assets under similar terms and conditions without negotiating a new contract to the current lease.
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FAQ

A lease is a rental contract between a property owner and a tenant; a sublease is a contract between a tenant and a third party who lives in the rental property during part of the tenant's lease term.

Breaking Lease in IndianaIf 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.

In some circumstances it's acceptable to sublet your home, but you generally need your landlord's permission. Your landlord may take legal action against you if you sublet your home unlawfully.

You can sublet part of your home with your landlord's written permission. If you sublet part of your home without permission, you are in breach of your tenancy agreement. Your landlord can't unreasonably withhold their consent to a request to sublet part of your home.

The Bottom Line: Indiana law does not specifically prohibit or permit sublets, so what your lease reads matters. If your lease says no sublets, then that means no sublets and always obtain written approval from your landlord prior to subletting.

A sublease is a process of renting out a property to a third party by a tenant for a time period of the lease contract of the existing tenant. Lease contracts are contracts between a tenant and the owner of the property.

The Bottom Line: Indiana law does not specifically prohibit or permit sublets, so what your lease reads matters. If your lease says no sublets, then that means no sublets and always obtain written approval from your landlord prior to subletting.

No, subletting isn't illegal in Indiana. Indiana law doesn't specifically allow or prohibit subletting. The ability to sublet a particular property depends entirely on the language of the lease.

Sublet Cons for LandlordsInconsistent screening procedures. If you don't require that all subtenants must be screened by the landlord, you'll have no idea about the caliber of tenant subleasing your property.Subtenant may not be reliable.Property damage.Lease violations or eviction.

O You have the right to access your rental property at all times. It is illegal for a landlord to deny a tenant access to his rented property by means of changing locks, barring windows or removing doors. The only way a landlord may deny a tenant entry to a property he is renting is through a court order.

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Indiana Sublease of Office Space under Master Lease Agreement