Indiana Statutes

§ 24-7-9-4 — Civil damages recoverable by lessee

Indiana·Art. 7 RENTAL PURCHASE AGREEMENTS·Ch. 9 Violations; Civil Damages
(a)If a lessor violates this article and a lessee who is a party to the agreement prevails in the proceeding, the lessee may:
(1)recover from the lessor committing the violation; or
(2)set off in a counterclaim in any action by the lessor committing the violation; the amounts described in subsection (b).
(b)The lessee in an action described in subsection (a) may recover all of the following:
(1)Reasonable attorney's fees, as determined by the court.
(2)Court costs.
(3)The greater of:
(A)the actual damages incurred by the lessee as a result of the violation;
(B)three hundred dollars ($300); or
(C)twenty-five percent (25%) of the total rental payments necessary to acquire ownership of the property leased under the agreement.

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Legislative History

As added by P.L.254-1987, SEC.1.

Nearby Sections

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