Breaking Lease Consequences Indiana
Summary
The user is considering breaking their lease due to a rent increase and lack of updates to their apartment. In Indiana, theres no statutory cap on rent increases, but they must be reasonable and not discriminatory. Unless specified in the lease, landlords can increase rent with a 30-day notice. The consequences of breaking a lease depend on the terms mentioned in the lease agreement regarding early termination.Full Conversation
Broken lease
What are the reasons for breaking the lease, ****?
Rent raising, and no updates to apartment after 13 years
What is the exact amount of rent increase and when was it implemented? In Indiana, there's no statutory cap on rent increases, but they must be reasonable and not discriminatory.
$* startin in November
What does your lease agreement say about rent increases? In Indiana, unless specified in the lease, landlords can increase rent with a *-day notice.
What happens if i break my lease
What are the terms mentioned in your lease agreement regarding early termination or breaking the lease?
I don't know
Could you please provide me with a copy of your lease agreement so I can better understand the terms and conditions?