Sec. 19. (a) Unless otherwise agreed, if a landlord conveys, in a good faith sale to a bona fide purchaser, property that includes a dwelling unit subject to a rental agreement, the landlord is relieved of liability under law or the rental agreement as to events occurring after written notice to the tenant of the conveyance. However, for one (1) year after giving notice of the conveyance, the landlord remains liable to the tenant for the security deposit to which the tenant is entitled under section 14 of this chapter unless: (1) the purchaser acknowledges that the purchaser has assumed the liability of the seller by giving notice to the tenant; and (2) upon conveyance the seller transfers the security deposit to the purchaser. (b) Unless otherwise agreed, a manager of a dwelling unit is relieved of any liability the manager might have under law or the rental agreement as to events occurring after written notice to the tenant of the termination of the manager's management. [Pre-2002 Recodification Citation: 32-7-5-19.] IC 32-31-4 Chapter 4. Moving and Storage of Tenant's Property 32-31-4-1 "Exempt property" defined 32-31-4-1.5 "Storage facility" defined 32-31-4-2 Liability; abandoned property; court order allowing removal by landlord 32-31-4-3 Delivery to warehouseman or storage facility after notice to tenant; release of exempt property 32-31-4-4 Lien on nonexempt property for expenses incurred by warehouseman or storage facility 32-31-4-5 Sale of unclaimed property
‹ Prev All Indiana sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.