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

Indiana § 24-7-9-4

• Jurisdiction: Indiana
• Art. 7: RENTAL PURCHASE AGREEMENTS
• Ch. 9: Violations; Civil Damages

Text

(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.

Legislative History

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