Welcome to our page dedicated to the Room Rental Agreement Template Indiana.
This comprehensive resource is designed to simplify the process of renting a room in Indiana, whether you’re a landlord or tenant. It encompasses all aspects of a residential lease agreement, including tenant rights, landlord responsibilities, and details such as security deposit and rental application requirements.
Our easy-to-use template can function as both a standard lease agreement and roommate agreement. Feel free to download, edit, and adapt this contract to suit your individual needs.
INDIANA RESIDENTIAL ROOM RENTAL AGREEMENT
This Residential Room Rental Agreement (the “Agreement”) is made and entered into on ___________ [Date] by and between ___________ [Landlord’s name] (the “Landlord”) and ___________ [Tenant’s name] (the “Tenant”).
The Landlord rents to the Tenant and the Tenant rents from the Landlord the premises located at ___________ [Address]. The premises will be used for residential purposes only.
The initial term of this Agreement will start on ___________ [Start Date] and will terminate on ___________ [End Date]. Thereafter, the Agreement will continue on a month-to-month basis until either the Landlord or the Tenant terminate this Agreement with written notice.
The monthly rent for the premises is $___________ [Rent Amount], due on the first day of each calendar month.
4. SECURITY DEPOSIT
Upon the due execution of this Agreement, Tenant will deposit with Landlord the sum of $___________ [Security Deposit Amount] as security for any damage caused to the Premises during the Term.
5. USE OF PREMISES
The premises shall not be used in a manner contrary to the Indiana Residential Landlord-Tenant statute (IC 32-31).
6. REPAIR AND MAINTENANCE
Tenant will keep the premises in clean, sanitary, and good condition. If any damage beyond normal wear and tear is caused by the Tenant or Tenant’s guests, Tenant will pay for the cost of repair.
Tenant is responsible for having sufficient insurance to cover all personal property located on the premises. Landlord will not be liable for any loss of Tenant’s property.
If Tenant fails to comply with any of the material provisions of this Agreement, or of any present rules and regulations governing the Premises, Landlord may terminate this Agreement upon providing proper notice to Tenant.
9. TERMINATION UPON SALE OF PREMISES
Notwithstanding any other provision of this Agreement, Landlord may terminate this Agreement upon 30 days’ written notice to Tenant if the Premises is sold.
10. GOVERNING LAW
This Agreement shall be governed by and construed in accordance with the laws of the state of Indiana.
11. ENTIRE AGREEMENT
This Agreement constitutes the entire agreement between parties and supersedes any prior understanding or representation of any kind preceding the date of this Agreement.
___________ [Landlord’s Name]
___________ [Landlord’s Signature]
___________ [Tenant’s Name]
___________ [Tenant’s Signature]
For anyone interested in rental properties in Indiana, a Room Rental Agreement Template is a crucial tool. This tool ensures that both the landlord and tenant are protected by clearly outlining the terms of the agreement.
When dealing with more significant transactions, such as buying or selling a property, it’s vital to have a solid legal foundation through the use of a Contract for Sale of Real Estate in Indiana.
Furthermore, for those considering seller financing, our Contract for Deed Template Indiana will be highly beneficial.
This is not just limited to residential properties. If you are dealing with commercial properties, the Commercial Lease Agreement Template Indiana is also available for your use.
Lastly, for landlords who allow others to occupy their property without a formal lease, check out our Occupancy Agreement Template Indiana. It ensures that you have a legal document outlining the terms and conditions of the occupancy.