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Landlord Resources
- Residential Landlord and Tenant Act – Title 34, Ch. 34-18
- Form and Effect of Conveyances – Title 34, Ch. 34-11
- Real Estate Sales Disclosures – Title 5, Ch. 5-20.8
- Handbook (Guide) – Rhode Island Landlord-Tenant Handbook
A Rhode Island rent-to-own agreement is a lease contract that grants tenants the option to purchase a property they are renting. The buying rights are secured by paying a fee or rent premium. If the tenant does not buy the property during the designated period, they may forfeit the option fee, and the owner can negotiate with other buyers.
A Rhode Island rent-to-own agreement is a lease contract that grants tenants the option to purchase a property they are renting. The buying rights are secured by paying a fee or rent premium. If the tenant does not buy the property during the designated period, they may forfeit the option fee, and the owner can negotiate with other buyers.