General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 5 years ago on . Most recent reply
“Proposal #41” being heard TONIGHT
ATTENTION ALL INDIANAPOLIS LANDLORDS AND INVESTORS
Indianapolis Investors
The Indiana State REIA legal councilors have been on the phone today with lobbyists for the Apartment Owners Association due to serious concern over "Proposal #41" being heard TONIGHT at the Indianapolis City County Council.
The essence of the ordinance is a series of fines begining with $500, then $2500, then $7500 PER TENANT and PER OCCURANCE against landlord’s who violate this tenant’s rights ordinance. The ordinance requires written notice to tenant’s of various rights they have, several of which are NOT consistent with State Law. The notice must be SIGNED by the Tenant and the landlord has the burden of proof that the notice has been given.
We are further advised that several City County Council Members were elected on Tenant’s Rights platforms and, in cooperation with the Mayor’s Office (Eviction Lab) will be enacting MANY tenant rights ordinances with this being the first one.
We request as many landlords and investors as possible show up tonight and oppose this bill. We need your help: City County Building, 200 E Washington St, Indy. Room 260. Meeting begins at 5:30 p.m.