Rhode Island Lease Agreements | Residential & Commercial

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A Rhode Island lease agreement is a document used by a landlord seeking a tenant to occupy and pay rent for residential or commercial space. The process starts with a tenant viewing the space prior to negotiating the terms of the lease. Once a verbal arrangement has been made, the tenant’s credit, income, and employment should be verified. After verification and approval by the landlord, a lease is usually signed.

Rental Application – To be filled-in by the tenant with a fee to be attached so that the landlord may run a credit check and verify their character through personal and work references.

Table of Contents

Agreement Types (7)


Commercial Lease Agreement – For tenants that will be utilizing the property for professional or business use. Not for living.

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Lease with Option to Purchase Agreement – For tenants that would like the option to purchase the premises included in their rental contract.

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Month-to-Month Lease Agreement (§ 34-18-37) – Known as a tenancy at will, for lessees that desire to not have an end date and instead elect to have it end at anytime with at least thirty (30) days’ notice.

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Room Rental (Roommate) Agreement – For a home with more than one (1) occupant. Usually, every roommate gets their own bedroom.

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Standard Residential Lease Agreement – Fixed term contract most commonly one (1) year.

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Sublease Agreement – For a tenant that desires to allow another individual to occupy the space they have under agreement with the landlord. Usually, the landlord must have to consent to the sublet.

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Termination Lease Letter – Allows the landlord or tenant to cancel a month-to-month rental contract with at least thirty (30) days’ notice.

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Disclosures

Code Violations (§ 34-18-22.1) – If the landlord is violating any housing/building codes the violations must be reported to the tenant.

Landlord/Manager Disclosure (§ 34-18-20) – The owner or the person authorized to manage the property must be disclosed to the tenant in writing including their name and address.

Lead-Based Paint Disclosure – Form to be given to all tenants that will be occupying a residence that was built prior to 1978.

Access

The landlord must give at least two (2) days’ notice before entering the tenant’s property for standard issues such as maintenance or inspection (§ 34-18-26). The landlord may only enter the property during reasonable times.

Security Deposits

Maximum (§ 34-18-19) – Landlord may only ask the equivalent of one (1) month’s rent from the tenant.

Returning (§ 34-18-19) – Within twenty (20) days from the end of the lease date the landlord must return all funds associated with the deposit, minus any unpaid accrued rent or repairs, to the tenant.

Guides

(Video) What are the Rhode Island Rental Laws?