This office lease form shall be subject and subordinate to all present and future ground leases, overriding leases or underlying leases and/or grants of term of the Land and/or the building or the portion thereof in which the Demised Premises are located. This Section shall be self-operative and no further instrument of subordination shall be required. This form also states that the landlord and the tenant agree to share equally all costs incurred in connection with obtaining any Non-disturbance Agreement from the existing superior lessors or superior mortgagees.
Rhode Island Nondisturbance Provision - Tenant Friendly
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US-OL20034A
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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.
Non-disturbance is a contractual agreement by the lender not to disturb tenant's possession of the property rented in the event of a foreclosure. A tenant should require a non-disturbance agreement from a lender in any situation in which the tenant is agreeing to subordinate the lease to the lien of the loan.
We've seen some of the best states for landlords, so here are the states that are most tenant friendly in 2023. Vermont. Vermont is one of the least landlord friendly states of 2023. ... Nebraska. ... New York. ... Rhode Island. ... Massachusetts. ... 6. California. ... New Jersey. ... Washington D.C.
Rhode Island is a somewhat landlord-friendly state because there are few rent control laws.
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.
Lower taxes, less security deposit regulations, and shorter eviction processes all make a state more landlord-friendly. We've decided that Alabama, Arizona, Colorado, Florida, Georgia, and Texas are the most landlord-friendly states.
A nondisturbance clause is a provision in a mortgage contract that ensures that a rental agreement between the tenant and the landlord will continue under any circumstances. This is done primarily to protect the renter from eviction by the mortgagor if the property is foreclosed upon by the lender.
Rhode Island is a somewhat landlord-friendly state because there are few rent control laws.