Indiana § 24-7-1-1 - Rental purchase agreements affected; lessee's residence

Full text of Indiana Indiana Code § 24-7-1-1 — Rental purchase agreements affected; lessee's residence, with citation guidance and answers to common questions.

§ 24-7-1-1. Rental purchase agreements affected; lessee's residence

Sec. 1. (a) This article applies to a rental purchase agreement if:

(1) the rental purchase agreement is entered into in Indiana;

(2) the lessee is a resident of Indiana at the time a lessor offering the rental purchase agreement solicits the rental purchase agreement or a modification of the rental purchase agreement by any mode of communication; or

(3) the lessee is a resident of Indiana at the time the lessor offering a rental purchase agreement receives either a signed writing evidencing the creation or modification of a rental purchase agreement or a written offer from the lessee to enter into or modify a rental purchase agreement.

(b) For the purposes of this article, the residence of a lessee is the address given by the lessee as the lessee's residence in any writing signed by the lessee in connection with a rental purchase agreement. Until the lessee notifies the lessor of a new or different residence address, the given residence address is presumed to be unchanged.

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

Source: official Indiana text · Last verified 2026-08-27

Frequently Asked Questions About Indiana § 24-7-1-1

What does Indiana Code § 24-7-1-1 cover?

Section 24-7-1-1 ("Rental purchase agreements affected; lessee's residence") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Indiana § 24-7-1-1?

A common citation format is "Indiana Code § 24-7-1-1" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Indiana law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.

How does Indiana § 24-7-1-1 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.