Indiana Profit Maximizing Aggressive Landlord Oriented Electricity Clause

State:
Multi-State
Control #:
US-OL17024
Format:
Word; 
PDF
Instant download

Description

This office lease clause is a landlord-oriented electricity clause. It provides a considerable profit center for the landlord and picks up most of the characteristics and issues where the lessee agrees that lessor may furnish electricity to lessee on a "submetering" basis or on a "rent inclusion" basis.

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FAQ

In Indiana, a property owner must serve a termination letter with at least 30 days' notice. The end date is determined by when the notice was sent, not when it was received or read by the tenant. This means that if a termination notice is served on October 1st, the tenant must vacate by October 31st.

Your landlord cannot turn off your utilities. You have the right to privacy in the rental premises. Your lease agreement likely says when your landlord may come into your home. Usually, lease agreements say that your landlord may come in to do emergency repairs, routine or needed maintenance, and inspections.

Yes. If you purchase a property with Tenants in place, you are obligated to honor any existing Lease until it ends.

Landlords cannot raise rent more than 10% total or 5% plus the percentage change in the cost of living ? whichever is lower ? over a 12-month period.

Indiana law states that landlords are required to provide heat, air conditioning, and running water to rental units, as well as sanitary, plumbing, and electrical systems. Ind. Code § 32-31-8-5(4).

It's legal for a landlord in Indiana to raise rent by any amount they see fit ? there's no state-wide cap.

Verbal threats, threats of physical violence, or actual physical contact are all examples of landlord harassment.

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Indiana Profit Maximizing Aggressive Landlord Oriented Electricity Clause