Sublease Agreement – Allows a tenant to bring someone else, known as a subtenant, to rent the space for which they are agreed until the end of the period or another agreed date. As a general rule, the landlord must sign all new tenants. The Indiana lease is a practical document that is obtained if a landlord and tenant wish to enter into a legal agreement on the rental of real estate. As a general rule, the party interested in the use of the residence is required, when visiting the property, to respond to a rental request in order to confirm that they are an acceptable prospect. After approval, the terms of the contract should be discussed to ensure that both parties are on the same side. The monthly rental fee, the deposit price and other preliminary requirements must be indicated in the form and accompanied by signatures to ensure a consistent agreement. Lead-based color (42 U.S. Code § 4852d) – Specifically for the rental of residential properties built before 1978, this disclosure must contain all known information about the presence of lead-based paint hazards within the boundaries of the residence, as well as information explaining the dangers of exposure to the toxic material. The following information or additions are required for either some or all residential rental agreements in Indiana.
This is a good example of the provisions that a simple lease can contain and what should be done in its final form. For buildings and housing units located in flood-prone areas, Indiana landlords are required to notify lease tenants of the flood risk to which they are exposed. This is the case when the lowest floor of the building falls below the flood line of the area and had to be disclosed to all tenants in a single structure, not just those located directly in the flood zone. Manager/Agent Contact Information (§ 32-31-3-18) – When entering into a rental/lease agreement, the landlord or his/her legal representative must provide written information containing the names and addresses of all managers, owners or authorized representatives who work on their behalf. In order for future legal opinions and claims of the tenant to be properly communicated to the lessor, the name and address must be disclosed in advance either to the landlord or to the person authorized to act on behalf of the lessor (usually in the lease agreement). If the lowest floor (including the basement) of a residential building is located in a flood zone recognized by the State, the landlord must inform the tenant. (CI 32-31-1-21) The lessor is required to return the deposit to the tenant within forty-five (45) days of the end of the rental period. If deductions were necessary for property damage, rent due, unpaid electricity bills, etc., the lessor must provide a broken list of sub-actions as well as the rest of the deposit (§ 32-31-3-12). For this agreement to be fully successful, several factors must play a role. First, this agreement must be signed and dated so that it is mandatory.
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