This form is an opinion of local counsel for the lessee. The form provides that none of the agents and the lenders are required under the laws of the state to qualify as a foreign corporation, foreign trust company or otherwise in the state, or to file any designation for service of process in the state, solely as a result of its execution, delivery and performance of the subject documents to which it is a party.
Rhode Island Form of Opinion of Local Counsel for Lessee
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US-60948
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FAQ
There is no rent control in Rhode Island, so a landlord is free to set the rent at whatever s/he decides. You and the landlord can agree on the date that rent will be paid. If your rent is more than 15 days late, you can be evicted for non-payment and the landlord can use a quick court proceeding.
In Rhode Island, your landlord can only require the first month's rent and a security deposit equal to 1-month's rent. (Demanding 'first, last and security deposit' is common, but illegal, in Rhode Island.)
In Massachusetts, a landlord can request first and last month's rent, a security deposit in the amount no greater than one month's rent, and a change in lock fee. No other fees can be charged, including application fees or a pet deposit.
Local Law 1 requires landlords to use firms certified by the U.S. Environmental Protection Agency when disturbing more than 100 square feet of lead paint, replacing windows, or fixing violations issued by the New York City Department of Housing Preservation and Development (HPD).
Under Rhode Island law, the rental agreement between a tenant and a landlord is a contract. A landlord is permitted to attempt to increase a tenant's rent by any amount for any reason, as long as the increase was not done for an illegal reason, and as long as the increase was done by proper procedures.
Rhode Island is a somewhat landlord-friendly state because there are few rent control laws.
The law says that your landlord can ask for a security deposit equal to the amount of your monthly rent. The landlord cannot get more than that by saying you must pay a security deposit plus "last month's rent." For example, if your rent is $800, the landlord can ask for a total security deposit of up to $800.
Council and housing association rent increases usually happen once a year, every year. Your landlord normally has to give you at least 4 weeks' notice in writing before a rent increase. But they do not have to consult you about proposed increases.
If the landlord thinks you caused any damage to the apartment or if you owe back rent, the landlord can withhold money from the deposit. However, she or he must give you a written itemized list of the damages and/or rent owed and must give you the difference between these costs and the security deposit you paid.