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Rhode Island Standard Residential Lease Agreement

A Rhode Island standard residential lease agreement is a legally binding rental arrangement between a landlord and tenant typically covering a one-year period. The agreement covers such matters as rent, violations, and security deposits.
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Rental Application – Used by landlords to verify a tenant’s credentials.

Required Disclosures (3)

  1. Code Violations – If the property has received a housing or building code violation, this must be disclosed to new tenants.[1]
  2. Landlord/Manager Disclosure – Landlords must furnish the names and contact information of anyone authorized to manage the premises.[2]
  3. Lead-Based Paint Disclosure & EPA Pamphlet – If the property was built before 1978, then its landlord must disclose the possibility of the presence of lead-based paint on the walls or ceiling.

Security Deposit Laws

Maximum Amount – One month’s rent.[3]

Returning – Deposits must be returned within 20 days of the end of a lease agreement.[4]

Rent Payment Laws

Grace Period – Fifteen days.[5]

Maximum Late Fee – None.

NSF Fee – Landlords can charge up to $25 for a bad check.[6]