Property Management
Under Rhode Island's Residential Landlord and Tenant Act, what is the implied warranty of habitability?
AThe landlord warrants the property will appreciate in value
BThe landlord must maintain the premises in a safe, clean, and habitable condition fit for human occupation✓ Correct
CThe tenant warrants they will pay rent on time
DThe landlord warrants clear title to the leased property
Explanation
The implied warranty of habitability requires Rhode Island landlords to maintain residential premises in a condition that is safe, clean, and habitable—meeting housing, building, health, and safety codes throughout the tenancy.
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Key Terms to Know
Earnest Money
A deposit made by the buyer when submitting a purchase offer, demonstrating serious intent and serving as consideration for the contract.
ContingencyA condition in a purchase contract that must be satisfied before the sale can proceed to closing.
Purchase AgreementA legally binding contract between a buyer and seller that outlines the terms and conditions of a real estate sale.
Option ContractA contract giving the buyer the right, but not the obligation, to purchase a property at a specified price within a specified time period.
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