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

What is the law regarding late fees and other charges?
What is the impact of a landlord's failure to provide a safe and habitable living environment?
What are the rights of a tenant when it comes to terminating a lease?
Are there legal consequences of not paying rent?
What are the landlord's responsibilities when it comes to providing proper notice of termination?
What are a tenant's rights regarding late payments?
Can a landlord enter a tenant's premises without their permission?
What are the legal requirements for terminating a rental agreement?
Are there limits on the amount of a security deposit that a landlord can demand?
Are security deposits refundable when a tenant moves out?

How does a lease affect rent control laws?

Related FAQs

Related Blog Posts