Landlords other than individuals would need to qualify to lease Indiana property

A covered landlord would be allowed to lease Indiana property only if at least one of four listed conditions applies. It covers landlords other than individuals who lease property in Indiana. At least one condition must apply: the landlord is authorized to do business in Indiana, keeps a home or office at a physical location in Indiana, appoints an Indiana-licensed broker to manage the rental, or owns five or fewer properties in Indiana. The rule applies to agreements signed after June 30, 2026.

The attorney general would have to notify a landlord of a suspected violation, and could bring a civil case if the landlord does not correct it. The notice and possible court case concern landlords suspected of leasing property in violation of the listed conditions. The notice would require the landlord to correct the violation and provide proof within 45 days. A court case could seek a civil penalty of up to $10,000 for each uncorrected violation, an order to stop or correct the violation, and reasonable attorney fees and enforcement costs. The landlord would have 45 days after the notice to correct the violation and provide proof.