Indiana Precision Drafting Provision Dealing with Definitions Dating the Lease and Defining Terms

State:
Multi-State
Control #:
US-OL1053
Format:
Word; 
PDF
Instant download

Description

This office lease form states and lists the terms for the Demised Premises. It describes the number of lease years plus any partial lease year as well as the commencement of the lease term.

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FAQ

In Indiana the landlord has no liability for loss or damage to the tenant's personal property if it's been abandoned by the tenant (IC 32-31-4-2).

As used in this chapter, "retaliatory act" means any of the following actions taken by a landlord in response to a tenant's engaging in a protected activity: (1) Increasing the amount of the tenant's rent.

Code § 32-31-1-6. If a tenant refuses or neglects to pay rent when due, a landlord may terminate the lease with not less than ten (10) days notice to the tenant unless: (1) the parties otherwise agreed; or (2) the tenant pays the rent in full before the notice period expires.

The Indiana Code states that ?a tenant's personal property is considered abandoned if a reasonable person would conclude that the tenant has vacated the premises and has surrendered possession of the personal property.? Courts will look at many factors to determine abandonment, but the biggest factors are: beds, ...

(a) A landlord has no liability for loss or damage to a tenant's personal property if the tenant's personal property has been abandoned by the tenant.

Unless otherwise provided by a written rental agreement between a landlord and tenant, a landlord shall give the tenant at least thirty (30) days written notice before modifying the rental agreement.

(a) As used in this chapter, "security deposit" means a deposit paid by a tenant to the landlord or the landlord's agent to be held for all or a part of the term of the rental agreement to secure performance of any obligation of the tenant under the rental agreement.

What are Lease Terms? Lease terms are the contract terms of a lease agreement between a lessee, usually the tenant, and a lessor, typically the landlord. The legal contract includes lease terms to establish the period of time by which the lease will last, contractual obligations, and more.

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Indiana Precision Drafting Provision Dealing with Definitions Dating the Lease and Defining Terms