New(er) Laws for Indianapolis & Marion County Landlords
As of July 1, 2020, Indianapolis and Marion County landlords are now required to give renters ‘notice of their rights and responsibilities.’ Find out how these “new” laws affect you as an Indianapolis residential landlord
Selling Your Home FSBO? An Attorney Can Help
Are you considering foregoing a real estate agent when buying or selling your home to avoid commission(s)? Using an Indiana real estate attorney might be the right alternative for you.
For Sale By Owner (FSBO), means the homeowner is selling their home without a real estate agent. The seller is responsible for the process from start to finish. That includes setting the sales price, staging, listing, scheduling open houses, negotiating and closing.
FSBO is not for everyone, but read on to find out why many sellers choose to do it……………….
COVID-19 Rental Relief For Indiana Landlords & Tenants
On Wednesday, June 24, 2020, Governor Holcomb announced he will extend Indiana’s prohibition on evictions and foreclosures through August 1, 2020. The one bright spot for Indiana landlords came when Jacob Sipe, director of the Housing and Community Development Authority, also announced the “Indiana COVID-19 Rental Assistance Program.” The program utilize $25 Million from the federal CARES Act and will provide Indiana tenants living outside of Marion County assistance of up to $500 per month for four months to pay their landlords.
COVID-19 and Indiana Landlords
The COVID-19 pandemic has affected most people in one way or another. Landlords and real estate investors are no exception. With federal and state moratoriums on evictions and foreclosures, landlords and lenders must be diligent to keep their real estate investments and rental property cash flows out of the red. Read on to find out steps landlords should take to navigate the COVID-19 pandemic
Indiana’s Evictions on Hold (UPDATE)
Indiana’s Stay of New Eviction Filings On March 19, 2020, Governor Eric Holcomb signed Executive Order 20-06 which prohibited in Indiana new filings for all evictions and foreclosures on residential property during the state of emergency. On April 3, 2020, Governor Holcomb signed Executive Order 20-17, which extended the state of emergency (and the stay…
COVID-19 & Indiana’s Travel Restrictions (Update)
Executive Order 20-08 (Stay at Home Order) Updated 4-21 to reflect new expiration date “Essential travel” are buzz words I am regularly seeing on social media along with confusion and questions about what that term means to Hoosiers as it relates to Governor Eric Holcomb’s Executive Order 20-08 (“Stay at Home Order”). The Stay at…
Petitioning the court for Specialized Driving Privileges
How to obtain Specialized Driving Privileges in Indiana Our previous posts dealt with the evolution in Indiana law from hardship licenses to Specialized Driving Privileges “SDP” and SDP eligibility. This post will deal specifically with the petition to a court for Specialized Driving Privileges. The Petition Indiana Code Section 9-30-16-4(b) specifies the requirements for a…
Specialized Driving Privileges Eligibility
Do you qualify for Specialized Driving Privileges? Our previous post discussed what Specialized Driving Privileges or “SDP” are. This post will discuss the qualifications and eligibility of a person petitioning for SDP in Indiana. Before January 2015, in Indiana, a person with a suspended license had to petition the court for a hardship license. Hardship…
Specialized Driving Privileges in Indiana
What are Specialized Driving Privileges? A suspended license can be an impossible obstacle for a person trying to get their life back on track. For someone without easy access to public transportation, mundane daily responsibilities can become stressful ordeals. Indiana legislators have worked to relieve this burden on persons with suspended licenses and offer new…
ESTOPPEL CERTIFICATES FOR BUYING TENANT-OCCUPIED REAL ESTATE
A tenant estoppel certificate is often associated with the due diligence phase of prospecting a purchase of the tenant-occupied property. Estoppel certificates are common practice in commercial transactions but are often an unfortunate oversight in tenant-occupied residential purchases. So, what exactly is a tenant estoppel certificate and how does it work? What is a tenant…