Indiana § 36-12-10-6 Authorized provisions of lease; payment of taxes, insurance, and
repairs

Indiana Statutes

§ 36-12-10-6 — Authorized provisions of lease; payment of taxes, insurance, and repairs

Indiana·Title 36 LOCAL GOVERNMENT·Art. 12 LIBRARIES·Ch. 10 Leasing of Library Property

The lease may provide that, as a part of the lease rental for the library building or buildings, the lessee or lessees shall agree to:

(1)pay all taxes and assessments levied against or on account of the leased property;

(2)maintain insurance on the property for the benefit of the lessor corporation; and

(3)assume all responsibilities for repair and alterations with regard to the building or buildings during the term of the lease. [Pre-2005 Elementary and Secondary Education Recodification Citation: 20-14-10-6.]

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The lease may provide that, as a part of the
lease rental for the library building or buildings, the lessee or lessees
shall agree to:
(1) pay all taxes and assessments levied against or on account of
the leased property;
(2) maintain insurance on the property for the benefit of the lessor
corporation; and
(3) assume all responsibilities for repair and alterations with
regard to the building or buildings during the term of the lease.
[Pre-2005 Elementary and Secondary Education
Recodification Citation: 20-14-10-6.]

Indiana § 36-12-10-6 (Authorized provisions of lease; payment of taxes, insurance, and repairs) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.