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An Indiana month-to-month rental agreement is a residential lease between a landlord and tenant that has no end date. The agreement only terminates when notice has been given to either the landlord or tenant of at least one (1) month's notice or the time period mentioned in the agreement, whichever is longer.
The definition of a lease includes agreements for the hire of an asset which contain a provision giving the hirer an option to acquire title to the asset upon the fulfillment of agreed conditions. These agreements are commonly known as hire purchase agreements.
These include the rent amount, the due date of rent, the expiration date of the lease. The landlord requires the tenant to sign the lease, thereby agreeing to its terms before occupying the property. Most residential leases are standard with the same terms for all tenants.
Expert-Verified Answer. Information that would not be found in a typical lease is b) The name of the previous tenant.
Yes, Indiana is a landlord-friendly state. It ranks 13th on a list of the most landlord-friendly states in the U.S. This is because there are no rent control laws or limits on security deposits. Additionally, the state has a zero-tolerance policy for non-paying tenants.
Here are some of the most important items to cover in your lease or rental agreement. Names of all tenants. ... Limits on occupancy. ... Term of the tenancy. ... Rent. ... Deposits and fees. ... Repairs and maintenance. ... Entry to rental property. ... Restrictions on tenant illegal activity.
Your landlord cannot turn off your utilities. You have the right to privacy in the rental premises. Your lease agreement likely says when your landlord may come into your home. Usually, lease agreements say that your landlord may come in to do emergency repairs, routine or needed maintenance, and inspections.
In any standard lease agreement, including those in California, there are basic requirements, such as a description of the property, the rental amount, duration of the rental period, payment due dates, any deposits or fees, condition of the property at the beginning of the lease, maintenance expectations, and how the ...