Indiana § 26-3-8-11.5 Late fee for renter's default; owner's recovery of costs and expenses of
rent collection and lien enforcement

Indiana Statutes

§ 26-3-8-11.5 — Late fee for renter's default; owner's recovery of costs and expenses of rent collection and lien enforcement

Indiana § 26-3-8-11.5

Title 26COMMERCIAL LAW

Art. 3WAREHOUSES

Ch. 8Self-Service Storage Facilities

This text of Indiana § 26-3-8-11.5 (Late fee for renter's default; owner's recovery of costs and expenses of rent collection and lien enforcement) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 26-3-8-11.5 (2026).

Text

5.

(a)For each month a renter is in default under the rental agreement, an owner may impose and collect a late fee that does not exceed the greater of the following:

(1)Twenty dollars ($20).

(2)Twenty percent (20%) of the monthly rent.

(b)In addition to a late fee authorized under subsection (a), an owner may recover from a renter all reasonable costs and expenses of:

(1)rent collection; and

(2)lien enforcement; incurred by the owner as a result of the renter's default.

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5. (a) For each month a renter is in default
under the rental agreement, an owner may impose and collect a late fee
that does not exceed the greater of the following:
(1) Twenty dollars ($20).
(2) Twenty percent (20%) of the monthly rent.
(b) In addition to a late fee authorized under subsection (a), an
owner may recover from a renter all reasonable costs and expenses of:
(1) rent collection; and
(2) lien enforcement;
incurred by the owner as a result of the renter's default.