After being in the works for several years, the Indianapolis City-County Council introduced a proposal last Monday that would create a landlord registration program. City officials say the goal is to help address irresponsible landlords by allowing the city to easily obtain contact information for the landlord. Over the past several years, MIBOR has opposed and defeated several similar proposals because they often included substantial fees and burdensome inspection requirements.
Similar proposals have been pursued in numerous cities across the state in recent years. In 2013, the Indiana General Assembly stepped in and passed a one year moratorium on these types of local regulations due to the fact that several cities were proposing regulations in an attempt to generate additional revenue.
In 2014, the Indiana Association of REALTORS® (IAR) successfully worked with the Indiana General Assembly to pass HEA 1403 which caps the amount a local unit can charge for landlord registry fees at $5.00 per property and allows reliance on third party inspections of rental units for real estate professionals to avoid duplication by local units of government.
The current proposal in its basic form:
- Requires landlords to provide their contact information or that of a property manager if owner is out of state
- Pay a one- time $5.00 fee
- Verify that they do not have delinquent taxes or un-remediated code violations
- Provide tenants with a copy of a Tenant Bill of Rights
- Does not include an inspection program
Click here for a copy of the current proposal.
Over the past few years and recent months, MIBOR has been successful in working closely with city officials to address many areas of concern. With current strong bi-partisan support on the council it is highly likely that some form of a registration program will be adopted. MIBOR has been collecting comments from members that have included both areas of concern along with support for addressing the impact of some irresponsible landlords. MIBOR continues to work with city officials and encourages members to share their thoughts with Chris Pryor, MIBOR Member and Industry Advocacy Director, as well as city councillors.
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This proposal has been assigned to the Rules and Public Policy Committee of the Indianapolis City-County Council and is eligible for a public hearing on Tuesday, June 17 at 5:30 pm in Room 260 of the Indianapolis City-County Building. The hearing is open to anyone that would like to speak on the proposal. If passed by the committee, the proposal would then return to the full City-County Council for final consideration.
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