diff --git a/detekt-core/src/main/resources/default-detekt-config.yml b/detekt-core/src/main/resources/default-detekt-config.yml
index a1aede1c557..a2ddf6bedfb 100644
--- a/detekt-core/src/main/resources/default-detekt-config.yml
+++ b/detekt-core/src/main/resources/default-detekt-config.yml
@@ -66,6 +66,7 @@ comments:
     active: false
     matchTypeParameters: true
     matchDeclarationsOrder: true
+    allowParamOnConstructorProperties: false
   UndocumentedPublicClass:
     active: false
     excludes: ['**/test/**', '**/androidTest/**', '**/commonTest/**', '**/jvmTest/**', '**/jsTest/**', '**/iosTest/**']
diff --git a/detekt-rules-documentation/src/main/kotlin/io/gitlab/arturbosch/detekt/rules/documentation/OutdatedDocumentation.kt b/detekt-rules-documentation/src/main/kotlin/io/gitlab/arturbosch/detekt/rules/documentation/OutdatedDocumentation.kt
index bfe760f4a01..894600cba28 100644
--- a/detekt-rules-documentation/src/main/kotlin/io/gitlab/arturbosch/detekt/rules/documentation/OutdatedDocumentation.kt
+++ b/detekt-rules-documentation/src/main/kotlin/io/gitlab/arturbosch/detekt/rules/documentation/OutdatedDocumentation.kt
@@ -76,6 +76,9 @@ class OutdatedDocumentation(config: Config = Config.empty) : Rule(config) {
     @Configuration("if the order of declarations should be preserved")
     private val matchDeclarationsOrder: Boolean by config(true)
 
+    @Configuration("if we allow constructor parameters to be marked as @param instead of @property")
+    private val allowParamOnConstructorProperties: Boolean by config(false)
+
     override fun visitClass(klass: KtClass) {
         super.visitClass(klass)
         reportIfDocumentationIsOutdated(klass) { getClassDeclarations(klass) }
@@ -119,7 +122,15 @@ class OutdatedDocumentation(config: Config = Config.empty) : Rule(config) {
     private fun getDeclarationsForValueParameters(valueParameters: List<KtParameter>): List<Declaration> {
         return valueParameters.mapNotNull {
             it.name?.let { name ->
-                val type = if (it.isPropertyParameter()) DeclarationType.PROPERTY else DeclarationType.PARAM
+                val type = if (it.isPropertyParameter()) {
+                    if (allowParamOnConstructorProperties) {
+                        DeclarationType.ANY
+                    } else {
+                        DeclarationType.PROPERTY
+                    }
+                } else {
+                    DeclarationType.PARAM
+                }
                 Declaration(name, type)
             }
         }
@@ -166,11 +177,21 @@ class OutdatedDocumentation(config: Config = Config.empty) : Rule(config) {
     }
 
     private fun declarationsMatch(doc: List<Declaration>, element: List<Declaration>): Boolean {
-        return if (matchDeclarationsOrder) {
-            doc == element
+        if (doc.size != element.size) {
+            return false
+        }
+
+        val zippedElements = if (matchDeclarationsOrder) {
+            doc.zip(element)
         } else {
-            doc.sortedBy { it.name } == element.sortedBy { it.name }
+            doc.sortedBy { it.name }.zip(element.sortedBy { it.name })
         }
+
+        return zippedElements.all { (doc, element) -> declarationMatches(doc, element) }
+    }
+
+    private fun declarationMatches(doc: Declaration, element: Declaration): Boolean {
+        return element.name == doc.name && (element.type == DeclarationType.ANY || element.type == doc.type)
     }
 
     private fun reportCodeSmell(element: KtNamedDeclaration) {
@@ -193,6 +214,6 @@ class OutdatedDocumentation(config: Config = Config.empty) : Rule(config) {
     )
 
     enum class DeclarationType {
-        PARAM, PROPERTY
+        PARAM, PROPERTY, ANY
     }
 }
diff --git a/detekt-rules-documentation/src/test/kotlin/io/gitlab/arturbosch/detekt/rules/documentation/OutdatedDocumentationSpec.kt b/detekt-rules-documentation/src/test/kotlin/io/gitlab/arturbosch/detekt/rules/documentation/OutdatedDocumentationSpec.kt
index bbf03b58c88..da7d72e7228 100644
--- a/detekt-rules-documentation/src/test/kotlin/io/gitlab/arturbosch/detekt/rules/documentation/OutdatedDocumentationSpec.kt
+++ b/detekt-rules-documentation/src/test/kotlin/io/gitlab/arturbosch/detekt/rules/documentation/OutdatedDocumentationSpec.kt
@@ -364,5 +364,67 @@ class OutdatedDocumentationSpec : Spek({
                 assertThat(configuredSubject.compileAndLint(incorrectDeclarationsOrderWithType)).isEmpty()
             }
         }
+        describe("configuration allowParamOnConstructorProperties") {
+            val configuredSubject by memoized {
+                OutdatedDocumentation(TestConfig(mapOf("allowParamOnConstructorProperties" to "true")))
+            }
+
+            it("should not report when property is documented as param") {
+                val propertyAsParam = """
+                    /**
+                     * @param someParam Description of param
+                     * @param someProp Description of property
+                     */
+                    class MyClass(someParam: String, val someProp: String)
+                    """
+                assertThat(configuredSubject.compileAndLint(propertyAsParam)).isEmpty()
+            }
+
+            it("should not report when property is documented as property") {
+                val propertyAsParam = """
+                    /**
+                     * @param someParam Description of param
+                     * @property someProp Description of property
+                     */
+                    class MyClass(someParam: String, val someProp: String)
+                    """
+                assertThat(configuredSubject.compileAndLint(propertyAsParam)).isEmpty()
+            }
+        }
+
+        describe("configuration matchDeclarationsOrder and allowParamOnConstructorProperties") {
+            val configuredSubject by memoized {
+                OutdatedDocumentation(
+                    TestConfig(
+                        mapOf(
+                            "matchDeclarationsOrder" to "false",
+                            "allowParamOnConstructorProperties" to "true"
+                        )
+                    )
+                )
+            }
+
+            it("should not report when property is documented as param") {
+                val propertyAsParam = """
+                    /**
+                     * @param someParam Description of param
+                     * @param someProp Description of property
+                     */
+                    class MyClass(someParam: String, val someProp: String)
+                    """
+                assertThat(configuredSubject.compileAndLint(propertyAsParam)).isEmpty()
+            }
+
+            it("should not report when property is documented as property") {
+                val propertyAsParam = """
+                    /**
+                     * @param someParam Description of param
+                     * @property someProp Description of property
+                     */
+                    class MyClass(someParam: String, val someProp: String)
+                    """
+                assertThat(configuredSubject.compileAndLint(propertyAsParam)).isEmpty()
+            }
+        }
     }
 })