What must a lease agreement for residential property in Indiana include?

A lease agreement for residential property in Indiana must include specific terms to ensure both parties understand their rights and obligations. The inclusion of the rent amount, lease term, and responsibilities of the parties is essential because these elements outline the basic foundation of the rental arrangement.

The rent amount specifies how much the tenant is required to pay, while the lease term defines the duration of the rental agreement, establishing when it starts and ends. Detailing the responsibilities of both the landlord and the tenant is crucial for clarity on maintenance, utilities, and other aspects of property management. These components help prevent disputes and ensure that both parties have a clear understanding of their commitments, fostering a positive rental experience.

The other options lack the comprehensive nature required in a lease agreement. For example, including just a security deposit clause disregards other critical elements needed for a complete understanding of the rental relationship, and requiring government inspection details is unnecessary for the basic requirements of a lease. The tenant's credit score is not a standard requirement in a lease document, making it irrelevant in this context. Overall, the emphasis on core terms in option B makes it the most accurate and appropriate choice.