Rhode Island Apartment Lease for Less Than a Year
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How to fill out Apartment Lease For Less Than A Year?
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FAQ
You may need to pay the remainder of the lease and penalties. Your landlord may take legal action. It could hurt your credit score. Landlords have the responsibility to "mitigate the damage" and begin to look for a new tenant, but you may still be responsible for at least a month of rent or more.
1) What qualifies as short term rental? Short term rentals are tenancy agreements for a period shorter than six months. There is no minimum duration for a rental agreement to be deemed short term. Any rental agreement over six months, but less than one year, is deemed a medium to long term rental.
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.)
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.
The protection begins on the date of entering duty and ends between 30-90 days after the date of discharge. To break a lease in accordance with the relief act, a tenant must: Prove the lease was signed before entering active duty. Prove they will remain on active duty for at least the next 90 days.
10-day written notice before the termination date specified in the notice. Notice to Terminate a Month-to-Month Lease. 30-day notice before the date specified in the notice. Notice to Terminate a Yearly Lease with No End Date.
If you have a lease agreement normally you cannot terminate your tenancy unless your landlord is in breach of his/her obligations, there is a break clause in your lease or both you and your landlord agree at the time to end the tenancy.
1 attorney answerGenerally, yes, the RI Residential Landlord and Tenant Act limits a landlord to collecting one month's security, whereas you describe a situation that appears to have required that you post two month's security.
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