Is it legally permissible for a landlord to impose an application fee in Rhode Island?

In the state of Rhode Island, the legality of landlords imposing an application fee is subject to certain regulations. According to state law, landlords are allowed to charge prospective tenants an application fee. However, there are limitations on the amount that can be charged and how it should be handled. It is important for both landlords and tenants to be aware of these regulations to ensure compliance and fair treatment.

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Is it possible for a new landlord to end a commercial lease in Rhode Island?

Ending a commercial lease in Rhode Island as a new landlord may seem daunting, but it is indeed possible. Although the process can be complex and involves adhering to specific legal requirements, understanding the applicable laws and seeking professional guidance can help navigate this endeavor successfully. This article will delve into the necessary steps and legal considerations for a new landlord to terminate a commercial lease in Rhode Island.

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What is the maximum amount by which a landlord can increase rent in Rhode Island?

In Rhode Island, the maximum amount by which a landlord can increase rent is determined by the state’s Rent Control Act. As of 2021, landlords can raise the rent by a maximum of 4% annually, unless they can demonstrate substantial capital improvements or increased operating expenses. This safeguard ensures that tenants are protected from exorbitant rent hikes, promoting stability and affordability in the housing market.

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