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Terms Used In Indiana Code 32-31-3-15

  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • landlord: means :

    Indiana Code 32-31-3-3

  • security deposit: means a deposit paid by a tenant to the landlord or the landlord's agent to be held for all or a part of the term of the rental agreement to secure performance of any obligation of the tenant under the rental agreement. See Indiana Code 32-31-3-9
  • tenant: means an individual who occupies a rental unit:

    Indiana Code 32-31-3-10

   Sec. 15. Failure by a landlord to provide notice of damages under section 14 of this chapter constitutes agreement by the landlord that no damages are due, and the landlord must remit to the tenant immediately the full security deposit.

[Pre-2002 Recodification Citation: 32-7-5-15.]

As added by P.L.2-2002, SEC.16.