Articles Posted in Real Estate

When a Rhode Island property owner fails to pay property taxes on their real estate, a tax sale may be triggered, where the property is sold at a public auction to the highest bidder. Whoever is the highest bidder may then take possession of the property after paying off the delinquent taxes. After a tax…

Landlords and tenants of residential, commercial, and industrial properties often share the financial and other obligations related to the property. These obligations include taxes, utilities, maintenance, insurance, and financial liability for injuries suffered on the property. Some obligations are generally accepted as the responsibility of the owner or the tenant. For example, the responsibilities of…

Property law in Rhode Island and Massachusetts contains allowances for persons who are not in rightful possession of a piece of property to gain possession, or even title to the property if certain conditions are met. In Rhode Island, people squatting, or staying in an abandoned property without paying rent, utilities, or taxes may hold…

Landlords in Massachusetts, Rhode Island, and Connecticut must comply with the consumer protection laws of each state when charging security deposits or other refundable or non-refundable fees to incoming residents pursuant to a lease or rental agreement. Move-in fees charged for atypical types of living arrangements, such as inpatient hospitalizations or residency in an assisted…

Residential and commercial developments often contain restrictive covenants that protect property owners from various behaviors of other owners in the development that may affect the value, use, or enjoyment of their property. The Rhode Island Supreme Court recently decided an appeal in a Rhode Island real estate lawsuit filed by the owner of one home…

Disputes between adjoining condominium owners or members of homeowners associations are a commonly occurring Rhode Island real estate issue. Members of condominium or homeowners associations may have differing interpretations of the foundational documents, which can lead to disputes over governing the association. The Rhode Island Superior Court recently released a ruling that put to rest…

Homeownership can be one of the most rewarding and financially wise decisions that an individual or family can make. The Rhode Island real estate market is currently very desirable for first-time homebuyers, although purchasing a home can be more complicated than anticipated if a buyer is not prepared for the process. A recent media report…

Anyone who is interested in sharing ownership of Rhode Island real estate will discover that there are various ways for multiple parties to share a piece of real estate, each of them with benefits and disadvantages to the parties, depending on the situation. The most common types of shared property ownership in Rhode island are…

The idea behind owning and maintaining Rhode Island rental properties is to make a profit. Indeed, managing a rental portfolio is a good way to earn passive income. Like any business, one of the primary challenges as a landlord is to ensure that a property is generating a positive cash flow. Everyday expenses such as…

A variety of Rhode Island property law issues that require legal advice can affect property owners in the state. One such issue is eminent domain, which is the way that a state, municipality, or other entity granted eminent domain power by statute can take personal property for government use. Government entities must follow state and…