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The Indiana Lease Agreement is a legally binding contract between a landlord and a tenant for the purpose of renting either commercial or residential property. The tenant will typically view the property and, if interested, will negotiate with the landlord to come to an agreement.
Rental Application – A Rental Application is a form used to verify a tenant’s identity. The landlord will then verify the tenant’s credit and income to assess their ability to pay rent. Once the tenant is approved, the landlord will prepare a lease agreement that both parties will sign to formalize the rental agreement.
Options By Type
 Standard Residential Lease Agreement
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 Simple (1-Page) Lease Agreement
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Most Recent US Home Facts
- Population (2023): 334,914,895
- Median Households (2022): 125,736,353
- Median Household Income (2022): $75,149
- Owner-occupied Households (2022): 64.8%
Source: U.S. Census Bureau
1-Page Lease Agreement Form Must Include the Following
Required Disclosures (2)
- Lead-Based Paint Disclosure Form
- Managers and Agents
Security Deposits
Maximum – Landlords can charge tenants any amount, as there is no state cap.
Return – All landlords must return the security deposit to the tenant within 45 days of lease termination and property return.
Return – All landlords must return the security deposit to the tenant within 45 days of lease termination and property return.
Source: § 32-31-3-12(a)
Paying Rent
Grace Period – As per the terms of the lease agreement, rent is due on the specified date. It is important to note that there is no grace period mandated by Indiana state law.
Maximum – There is no statutory limit on late fees that a landlord can charge.
NSF Fee – The maximum fee for a returned check is $25.
Source: § 24-4.5-7-202(1)
Landlord Entry
Landlords must provide reasonable notice, written or oral, before entering the space for any non-emergency-related purpose.
Source: § 32-31-5-6