Indiana rental lease agreements are between a property owner (lessor) and a person (lessee) seeking to occupy residential or commercial property for monthly rent. The standard term is one (1) year but can be any set amount of time as negotiated by the parties. Once the agreement is signed it is legally binding to all both the lessee and lessor until the end of the lease term.
Laws – Chapter 32 (Property in General) | Chapter 32, Article 31 (Landlord-Tenant Relations)
An Indiana residential lease agreement is a rental contract that allows a tenant to occupy space from a landlord by payment of monthly rent. Before signing a lease, the landlord would be wise to ask the potential tenant to fill out a rental application. This will allow the verification of the person’s employment (including income), credit report/score, background information, and previous landlord or management company…
An Indiana month-to-month lease agreement allows a landlord and tenant to negotiate terms of a short term rental contract. This type of real estate form renews each month as long as the property owner (landlord) and tenant (lessee) do not give written notice to each other altering the agreement. It is recommended that the landlord either check the tenant’s credit through a rental application or…
An Indiana rental application allows a landlord to verify the credit and employment history of a potential tenant. It is also recommended that a landlord asks about the applicant’s previous rental references to make sure that they paid rent on time and left the previous property in a hospitable state. The landlord has the right to charge the applicant for any fees associated with the…
An Indiana commercial lease agreement is designed to create a legal arrangement between a tenant and landlord concerning the renting of commercial or industrial space for business use. The landlord will often fit the commercial property to accommodate the tenant’s business needs (e.g. construct multiple restrooms, install light fixtures, supply locks, and other safety equipment). As a result, the landlord may require the lease term…
An Indiana sublease agreement is a form made for a tenant (known as the sublessor) who wishes to rent all or a portion of a rental unit to another individual (sublessee) that they are currently renting from a landlord. It is advised that the sublessor perform a background check on the sublessee to ensure they are who they claim to be and that they are…
An Indiana roommate agreement is a binding contract between two or more people who have agreed to share a rental property. This agreement is only between the roommates and does not involve the Landlord nor the Master Lease. Therefore, if a group of college students decided to rent a house, for example, only the ones who sign the Master Lease will hold an agreement with…
