Indiana Month-to-Month Lease Agreement Template
The Indiana month-to-month lease is designed for individuals who desire a short term lease or who would like to have no set termination date. The lease is renewed when the tenant makes their payment at the beginning of each rental period. The landlord will usually ask for a security deposit from the tenant, as it will cover any tenant-caused damage to the property or unpaid rent if they leave without notice. The landlord typically refunds the tenant the cost of the security deposit if the lease ends with no damage to the property. Under Statute § 32-31-3-12, the landlord must return the funds within forty-five (45) days.
Rent Increase (§ 32-31-5-4) – Landlord must give the tenant at least thirty (30) days’ notice.
Minimum Termination Notice (§ 32-31-1-1) – The landlord or tenant can terminate the lease agreement with at least one (1) months’ notice in writing.