A Rhode Island Standard One (1) Year Lease Agreement is the most common long term lease, which allows the tenant to rent a property for a full year. Unlike a Month to Month Lease, the terms and provisions that are negotiated at the beginning of the lease cannot be altered until the year is up, unless a provision in the lease itself allows for the lease to be altered.
A residential lease of this kind should include the name of the landlord, the address of the property, the length of the lease, the start date of the tenancy and any provisions or clauses unique to the property and tenancy. Both landlord and tenant should be aware of any local laws or statutes that might affect the property.
As eviction can be a difficult and expensive process, which can completely destroy a tenants ability to secure another long term lease, both landlord and tenant should be completely sure of a tenants ability to maintain the lease for its entirety. If there is any doubt for either party, a Month to Month Lease Agreement might be better suited.
Almost all the rental laws in Rhode Island will apply to a Standard One (1) Year Lease. They can be found in Rhode Island General Laws Chapter 34-18.
- Rhode Island state law requires that the landlord disclose the name and address of the property owner, as well as any person authorized to act or receive notices on their behalf at the beginning of the tenancy.
- Rhode Island law requires that the landlord disclose any outstanding housing code violations on the property.
- Federal requires that the landlord disclose the presence of any lead paint based hazards on, or around, the property.