What Is an Indiana Lease Agreement?
An Indiana lease agreement is a binding contract between tenants and landlords. This form outlines rent payments, security deposits, and required disclosures. Creating a written lease protects the parties involved and records property information.
Legal Templates’s free Indiana lease agreement template includes state-compliant terms and information. Use our forms to create a lease that works for you.
Indiana Landlord-Tenant Law Overview
An Indiana lease agreement falls under the authority of the state’s landlord-tenant laws. These statutes set the standards for a lease and aim to protect both parties. View the table below for an overview of lease requirements in Indiana.
| Topic | Regulation |
|---|---|
| Rent Control | None |
| Grace Period | None |
| Late Fees | No limit, but must be included in the lease |
| Landlord License | None |
Indiana Lease Agreements- By Type
The terms may differ depending on the type of property and your intended lease duration. Having a more specific form makes it easier to create a binding and compliant agreement. Compare the different types of Indiana lease agreements to find the arrangement that works for you.
Indiana Standard Lease Agreement
Allows a tenant to enter into an agreement to lease a landlord’s residential property.
Indiana Month-to-Month Rental Agreement
Use to allow residents to choose to inhabit a property on a month-to-month basis, without being tied to a long-term commitment.
Indiana Commercial Lease Agreement
Outlines the terms and conditions of a rental arrangement between a landlord and a business.
Indiana Room Rental Agreement
Details the living arrangement between a primary tenant and a subtenant renting a single room.
Indiana Sublease Agreement
Provides the subtenant with the authorization to lease either the entirety or a portion of the rented property for a defined duration.
Indiana Rent-to-Own Lease Agreement
Grants tenants the exclusive option to purchase the property before the lease concludes.
Required Disclosures for Indiana Leases
Indiana mandates some disclosures for the landlord to provide to the tenant. The use of disclosure forms promotes transparency and creates a record for the property’s condition and safety features. An Indiana lease agreement requires the use of the following disclosures:
- Landlord Identification
- Disclosure of Flood Hazard Area for lease agreements after June 30, 2009
- Carbon Monoxide & Smoke Detector Addendum
- Disclosure of Lead-Based Hazards if a property was built prior to 1978
Indiana Security Deposit Regulations
Indiana does not include formal maximums for security deposit charges. In addition, there are no requirements dictating the type of account or holding location for these deposits. The landlord may choose to put their own requirements or account information in the terms of the lease.
Indiana requires the landlord to return the deposit within 45 days of the lease termination date. If security deposit funds are used to cover damages beyond normal wear and tear, the landlord must provide an itemized list of the damages and repair costs.
Indiana law does not require the landlord to issue a security deposit receipt; however, it is recommended to keep and provide a record of the payment.
Rent Payment Guidelines in Indiana
Most rent payment terms in an Indiana lease agreement are left to the landlord’s discretion. The state has no set maximums, increase limits, or late fee regulations. When the landlord and tenant negotiate the terms of the leasing arrangement, they should determine and record their desired rates, grace periods, due dates, and rent increase processes. Fees should still be reasonable in order to avoid close scrutiny by the courts.
Indiana Repair and Landlord Entry Laws
Repairs, maintenance, and property access terms are defined by state laws and the conditions in the written agreement. Consider the following elements and regulations for an Indiana lease agreement:
- Notice requirements: Landlords must give tenants advanced notice before entering the premises. A landlord can enter the property without notice if an emergency endangers the occupants or property. The amount of notice given must be reasonable, even though no specific time frame is set by law.
- Keys, locks, and security: Landlords must change the locks upon the tenant’s request within 48 hours of receiving a court order for protection.
- Landlord responsibilities: Landlords must keep rental properties safe, clean, and in compliance with health and housing codes, including making necessary repairs to ensure the property remains habitable.
- Tenant repairs: Tenants must keep their rental units safe and clean, avoiding or allowing any deliberate or negligent damage to the property.
- Abandonment: A rental unit is deemed abandoned if tenants stop paying rent and seem to have vacated.
Indiana Lease Terminations
Indiana lease termination must follow state-specific notice requirements. For a month-to-month rental, either party may terminate the lease with a 30-day notice. Long-term leases for year-to-year tenancy also require at least three months’ notice before termination.
If the tenant leaves unclaimed property behind after the lease ends, the landlord can remove and store personal property without liability if deemed abandoned or with a court order.
Sample Indiana Lease Agreement
Legal Templates’s sample Indiana lease agreement document includes state-specific terms and formatting. Customize our downloadable template, available in both PDF and Word formats, to create your own lease contract.
