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When a landlord wants to find a tenant for their vacant apartment or property, they will place an ad and use rental applications to verify the applicants’ worthiness. A rental application asks personal questions of a potential tenant that help give the landlord a better insight into who a person is, and how much of a responsible tenant they will be. In addition to a rental application asking personal questions like the applicant's full name and current address, the application will dig into more personal details like income, rental history, and any previous bankruptcies or evictions.
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The Indiana rental application allows landlords to verify a prospective tenant's background information and credit history before signing a lease agreement. In Indiana, there is no maximum for an application fee; the landlord may ask for any amount and the fee is non-refundable.
Landlords in Indiana may also ask a prospective tenant any amount for a security deposit; there is no maximum.
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The rental application should include the following sections:
Indiana Housing and Community Development Authority
Indianapolis Legal Aid Society
The State of Indiana does not have any laws that set a cap on security deposits. A landlord may demand any amount to secure the rental; however, setting the amount too high will deter potential rentals. However, the state does specify when to return the deposit to the renter. According to Indiana law, a security deposit must be returned to a tenant in no more than 45 days after the termination of the lease (Ind. Code Ann. §§ 32-31-3-9 to 32-31-3-19).
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