Lease Subordination Agreement - Rhode Island 2026

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  1. Click ‘Get Form’ to open the Lease Subordination Agreement in the editor.
  2. Begin by filling in the 'State' and 'County' fields at the top of the document. This information is crucial for identifying the jurisdiction of your agreement.
  3. Next, enter the names of the 'Lessor', 'Lienholder', and 'Lessee'. Ensure that these names are accurate as they represent all parties involved in this agreement.
  4. Specify the 'Effective Date' of the agreement. This date marks when the terms of this subordination take effect.
  5. In the section regarding the mortgage or deed of trust, provide a detailed description of the lands covered, including any relevant recording information such as volume and page numbers.
  6. Complete any additional sections related to rights and interests, ensuring clarity on how liens are subordinated to the lease.
  7. Finally, review all entries for accuracy before signing. Use our platform’s features to save or share your completed document easily.

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Rhode Island landlord-tenant regulations require transparency in tenant selection processes. Records of all applications should be maintained to demonstrate compliance with fair housing requirements. Income verification is permitted, and managers can require income that is typically 2-3 times the monthly rent amount.
What new rental laws have been enacted in Rhode Island in 2025? Effective January 1, 2025, landlords cannot charge convenience fees for rent payments unless an alternative fee-free payment method is available. All additional fees must be clearly disclosed in writing.
34-18-19. Security deposits. (a) A landlord may not demand or receive a security deposit, however denominated, in an amount or value in excess of one months periodic rent.
The Subordination of Lease clause establishes that the tenants lease is subordinate to the liens of any current or future mortgages on the property, giving the mortgage lenders rights priority over the tenants rights.

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