Highlight In Legal Rhode Island Residential Leases Forms For Free

A Rhode Island standard residential lease agreement is a legally binding rental arrangement between a landlord and tenant usually lasting for a one (1) year period. The tenant's credentials will usually be reviewed and approved by the landlord prior to signing the lease through a rental application.

A written lease agreement must contain: The names and addresses of both parties; The description of the property; The rental amount and reasonable escalation; The frequency of rental payments, i.e. monthly; The amount of the deposit; The lease period; The notice period for termination of contract;

A landlord must provide a tenant with a written notice 30 days or more prior to the effective date, for a rental increase for a residential tenancy that is on a weekly or monthly basis. With longer tenancies it is 30 days prior to expiration of the current rental agreement.

Yes, Microsoft Word has a free lease agreement template that you can customize to create your own contract and minimize any potential problems between tenant and landlord.

term lease is the most traditional lease. They're called fixed term because tenants and landlords are agreeing to abide by the lease for a fixed amount of time, normally six to 14 months.

A Rhode Island month-to-month lease agreement is a rental contract between a landlord and tenant that authorizes the tenant to occupy a residential unit for one (1) month at a time. This type of arrangement is especially favorable for tenants who are unable to make the long-term commitment required in an annual lease.