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In Rhode Island, a property owner and a party intending to pay rent can establish a property leasing agreement using the free Rhode Island rental and lease agreement template. The premises can be used for residential or commercial purposes. The lessor often uses a rental application to obtain the tenant’s employment status and background information. After approval by both parties, a contract is signed.Rental Application – Filled in by the lessee to provide the property owner with their personal and work-related details to ensure they can afford the rent. This process may require a fee from the prospective tenant.
Commercial Lease Contract – This tenancy type is for lessees making use of the space for commercial purposes. The definition of commercial space is broad and can include office space, warehouse space, industrial manufacturing space, and much more.
Monthly Lease Contract § 34-18-37 – This is a type of lease that can be canceled with a minimum notice of 30 days. If it’s not canceled then it goes on indefinitely. It offers fewer protections for both landlords and tenants.
Rent-to-Own Lease Contract – A rental agreement that allows the occupant to acquire the property at agreed-upon terms with the landlord. Certain conditions need to be met before the tenant can exercise their right to purchase.
Room Rental Contract – For the residents of a single dwelling where each individual has a bedroom and an agreement is created for each member’s designated responsibility for the common areas and expenses with regard to the property.
Standard Residential Rental Contract – A residential lease type with a start and end date that usually lasts for one year. Of course, it can be longer than that and this lease agreement is one of the most common types.
Sublease Rental Contract – The act of a lessee bringing in a new occupant to see out the remainder of the leased term. It comes in two options; a commercial sublease and a residential sublease. This type of tenancy may require the lessor’s consent.
Violations (§ 34-18-22.1) – In an event of a lessor contravening any building codes, the occupant has to be informed.
Manager Information (§ 34-18-20) – Persons authorized to access the premises has to be stated in writing.
Lead-based Paint Information – For buildings constructed prior to 1978, the landlord must inform tenants of the presence of this hazardous paint on the property. The form must be completed with both parties appending signatures to this document.
The lessor is required to provide a minimum of two days’ notice before accessing the lessee’s dwelling for causes like maintenance (§ 34-18-26). And should only access the premises at reasonable periods of the day.
Maximum (§ 34-18-19) – The lessor can only demand payment not exceeding one month’s rent from the lessee.
Returning (§ 34-18-19) – The landlord must return all funds associated with security deposits within twenty days from the termination of the rental contract, and deduct from the deposit all repairs due to the occupant.