Property Management
In Rhode Island, what is 'property condition disclosure' in a commercial lease?
AA required state form for commercial tenants
BThe landlord's disclosure of known material conditions affecting the leased premises, such as environmental issues, building defects, or pending regulatory actions✓ Correct
CA DBR form required for commercial listings
DA tenant's disclosure of their intended use
Explanation
In commercial leasing, the landlord (and their agent) may be obligated to disclose known material conditions affecting the premises—environmental contamination, structural issues, known code violations—that would affect the tenant's use or decision to lease.
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