The tenant shall at all times comply with the rules, regulations, terms and conditions applicable to service, equipment, wiring and requirements of the public utility supplying electricity to the building.
The Rhode Island Clause Dealing with Representations of Existing Electrical Service (RI Clause) and the Ability to Obtain More serves as an essential component in real estate transactions within the state. This clause addresses the representations made regarding the status of the existing electrical service and the ability to obtain additional electrical service if needed. It aims to ensure transparency, accuracy, and the development of electrical infrastructure to meet changing demands. Keywords: Rhode Island, clause, representations, existing electrical service, obtain more, real estate, transactions, transparency, accuracy, electrical infrastructure. Different types of Rhode Island Clauses Dealing with Representations of Existing Electrical Service and the Ability to Obtain More: 1. Rhode Island Clause Dealing with Representations of Existing Electrical Service: This type of clause is incorporated into real estate contracts, mainly in residential properties. It requires the seller to provide accurate information about the condition and capacity of the existing electrical service in the property being sold. It covers aspects such as the type of service, load capacity, age of the electrical system, and any known defects. The seller must disclose any limitations or potential issues that may affect the buyer's use and enjoyment of the property. 2. Rhode Island Clause Dealing with the Ability to Obtain More Electrical Service: This clause focuses on the ability of a property to obtain additional electrical service if the existing capacity is insufficient. It typically applies to properties where the buyer foresees a need for increased electrical service, such as commercial buildings or properties with expansion plans. The clause outlines the necessary steps for the buyer to contact the utility company, obtain approvals, and install additional electrical infrastructure if required. It addresses factors like load calculations, utility company requirements, permits, and costs associated with upgrading the electrical service. Both types of clauses aim to safeguard the buyer's interests by providing accurate and complete information about the existing electrical service and potential expansions. These clauses minimize surprises and disputes related to electrical service, ensuring a smooth real estate transaction process. Real estate professionals and buyers in Rhode Island must carefully consider and incorporate these clauses into contracts to guarantee compliance with local regulations and maintain clarity on electrical infrastructure considerations.The Rhode Island Clause Dealing with Representations of Existing Electrical Service (RI Clause) and the Ability to Obtain More serves as an essential component in real estate transactions within the state. This clause addresses the representations made regarding the status of the existing electrical service and the ability to obtain additional electrical service if needed. It aims to ensure transparency, accuracy, and the development of electrical infrastructure to meet changing demands. Keywords: Rhode Island, clause, representations, existing electrical service, obtain more, real estate, transactions, transparency, accuracy, electrical infrastructure. Different types of Rhode Island Clauses Dealing with Representations of Existing Electrical Service and the Ability to Obtain More: 1. Rhode Island Clause Dealing with Representations of Existing Electrical Service: This type of clause is incorporated into real estate contracts, mainly in residential properties. It requires the seller to provide accurate information about the condition and capacity of the existing electrical service in the property being sold. It covers aspects such as the type of service, load capacity, age of the electrical system, and any known defects. The seller must disclose any limitations or potential issues that may affect the buyer's use and enjoyment of the property. 2. Rhode Island Clause Dealing with the Ability to Obtain More Electrical Service: This clause focuses on the ability of a property to obtain additional electrical service if the existing capacity is insufficient. It typically applies to properties where the buyer foresees a need for increased electrical service, such as commercial buildings or properties with expansion plans. The clause outlines the necessary steps for the buyer to contact the utility company, obtain approvals, and install additional electrical infrastructure if required. It addresses factors like load calculations, utility company requirements, permits, and costs associated with upgrading the electrical service. Both types of clauses aim to safeguard the buyer's interests by providing accurate and complete information about the existing electrical service and potential expansions. These clauses minimize surprises and disputes related to electrical service, ensuring a smooth real estate transaction process. Real estate professionals and buyers in Rhode Island must carefully consider and incorporate these clauses into contracts to guarantee compliance with local regulations and maintain clarity on electrical infrastructure considerations.
