Rhode Island Standard Residential Lease Agreement – PDF Template

License / Price: Free
Version: Adobe PDF (.pdf) Template
File size: 172 Kb
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The Rhode Island one year residential agreement is the most popular lease amongst landlords and tenants. It is a legally binding contract that sets up an ongoing arrangement where the lessee will pay rent to the lessor in exchange for the everyday use of the livable property. The all fields of the form must be completed by both parties and once it is signed becomes enforceable. Once the tenant provides the Security Deposit (if required) and the first month of rent will he or she be given access to the property.
It is recommended that the landlord screen every new tenant through the application before authorizing any type of lease contract.
To protect both parties at the end of the lease, it is recommended that the move in checklist be used so that any damage that exists on the property may be identified. Therefore, the tenant will have proof that any pre-existing repairs needed will not be deducted from the Security Deposit at the end of the term.