Indianapolis Residential Lease Agreement

A residential lease agreement in Indianapolis is a binding document between a landlord and a tenant. This agreement outlines the terms and conditions surrounding the use of a rental property in exchange for periodic payments.

Residential Lease Agreement Requirements in Indianapolis

Indianapolis has no city-specific residential lease agreement requirements or disclosures. As such, landlords and tenants in Indianapolis follow Indiana requirements for lease agreements.

Landlord-Tenant Rights and Regulations in Indianapolis

When it comes to landlord-tenant rights, Indianapolis landlords should be aware of the following:

Notice of Tenant’s Rights

As of July 2020, Indianapolis requires landlords to provide tenants with a notice of tenant’s rights. This notice should be delivered no later than 10 days after the start of the tenancy. [1]

Optional Lease Agreement Disclosures and Addendums in Indianapolis

While not mandatory, landlords can add specific disclosures and addendums to their leases. This helps outline the responsibilities of the tenant and can prevent future liability issues.

Crime-Free Disclosure

With Indianapolis’ crime rate of 40 per 1,000 residents, landlords may want to include a crime-free addendum in their lease agreement. This should state that engaging in criminal activity, including drug-related activity, is prohibited on or near the property.

Pet Disclosure

Since Indianapolis is a pet-friendly city, landlords may want to address the building’s pet policies. This disclosure should clarify if pets are allowed on the property, the tenant’s responsibility to cover any pet-related damages, and any additional pet fees or restrictions.

Summary of Required Lease Disclosures for the State of Indiana

• Landlord’s Name and Address – The landlord must include their name and mailing address on the lease. This informs tenants of where to send any future legal notices or demands.
• Lead-Based Paint – Federal law states that any home built before 1978 must disclose the risks associated with lead-based paint.
• Flood Zone Disclosure – For buildings and dwelling units located in flood plains, Indiana landlords are required to disclose the flooding risk in the rental agreement.