Indiana Rental Application
The Indiana Rental Application is an editable template used for identifying applicant tenants that would make quality tenants. Signals that an applicant may be a poor tenant include questionable references, too low of income, poor credit, and those that are unemployed for a considerable length of time. For landlords that manage several units/properties, it’s best to create a set of qualifying conditions prior to accepting tenants. This makes the process go significantly faster, allowing landlords to compare completed applications side-by-side with the list of factors. If the tenant sees that the applicant has had a felony conviction two (2) years prior to completing the form, for example, and the landlord requires no felonies within five (5) years, they would immediately disqualify their application.
Maximum Application Fee: No limits per Indiana law.
Security Deposits (§ 32-31-3-12): State law allows landlords and property managers to request security deposits of any monetary amount. On the expiration of the lease, the landlord is required to return the deposit within forty-five days. If deductions are made from the deposit, the landlord is required by law to provide the tenant(s) with an organized list of all subtractions (and why they were made). However, if the tenant(s) do not provide the landlord with a mailing address in which to provide the notice, the landlord cannot be held liable for sending the notice.
Landlords can only subtract from the security deposit to collect the following:
- Unpaid rent
- Unpaid utilities / sewer charges (that the tenant(s) are required to pay according to the lease)
- Damages (so long it occurred from the tenant(s) not complying with the law or the lease)