How does a lease affect rent control laws?

In Indiana, lease agreements can have an effect on rent control laws. The terms of a lease may specify the maximum amount of rent a landlord can charge for a rental unit. If a lease includes an amount less than what is allowed by the state rent control laws, then the rent stated in the lease will be the amount charged to the tenant. In addition, a lease may also limit the amount of a rent increase that can be imposed by the landlord within a specific time frame. This means that the landlord cannot raise the rent beyond the amount stated in the lease agreement unless it is agreed upon by both the landlord and the tenant. When the lease is up for renewal, the landlord must abide by the current rent control laws. This means that the landlord can no longer charge the tenant the amount stated in the old lease. If the state laws have changed since the original lease was signed, then the landlord must charge the current allowable amount. If the tenant wants to remain in the rental unit, they must agree to the new rental rate. In short, a lease can affect rent control laws in Indiana. The terms of the lease must be honored if the tenant wishes to remain in the rental unit, and any rent increases must adhere to the current rent control laws.

Related FAQs

Are there laws that protect a tenant from being asked for too much information by a landlord?
What is the impact of a landlord's failure to provide a safe and habitable living environment?
Can a landlord increase a tenant's rent during a lease?
What rights do lessees have?
What is the law when it comes to subletting a leased property?
What are the landlord's responsibilities when it comes to providing proper notice of termination?
What are the legal consequences of not complying with the terms of a lease?
What are the legal consequences of breaking a lease agreement?
What is the law regarding late fees and other charges?
Are there limits on the amount of rent a landlord can ask a tenant to pay?

Related Blog Posts

Introduction To Leasing Law: A Guide For Business Owners - July 31, 2023
Understanding Your Rights As A Tenant Under Leasing Law - August 7, 2023
Navigating Lease Agreements: Key Steps For Tenants - August 14, 2023
Breaking Down A Lease: Essential Aspects Of Leasing Law 3 Reasons To Have A Lease Professionally Reviewed - August 21, 2023
Tips On Negotiating Lease Terms To Protect Yourself - August 28, 2023