§ 6A-2.1-222. Effect of tax increase on lease payments.
(a) No lease relating to residential real estate shall contain a provision which obligates a lessee to make payments to the lessor on account of an increased real estate tax levied during the term of the lease, unless such provision expressly sets forth:
(1) That the lessee shall be obligated to pay only that proportion of such increased tax as the unit leased by him or her bears to the whole of the real estate so taxed;
(2) The exact percentage of any such increase which the lessee shall pay; and
(3) That if the lessor obtains an abatement of the real estate tax levied on the whole of the real estate of which the unit leased by the lessee is a part, a proportionate share of such abatement, less reasonable attorney’s fees, if any, shall be refunded to said lessee. Any provision of a lease in violation of the provision of this section shall be deemed to be against public policy and void.
(b) If the exact percentage of any such increased tax contained in such a provision is found to exceed that proportion of such increased tax as the lessee’s unit bears to the whole of the real estate so taxed, then the lessor shall return to the lessee that amount of the tax payment collected from the lessee which exceeded the lessee’s proportionate share of the increased tax, plus interest calculated at the rate of five percent (5%) per year from the date of collection.
(c) Nothing in this section shall apply to existing leases but shall be included in all new leases.
History of Section.P.L. 2001, ch. 218, § 1.
Structure Rhode Island General Laws
Title 6A - Uniform Commercial Code
Part 2 - Formation and Construction of Lease Contract
Section 6A-2.1-201. - Statute of frauds.
Section 6A-2.1-202. - Final written expression: parol or extrinsic evidence.
Section 6A-2.1-203. - Seals inoperative.
Section 6A-2.1-204. - Formation in general.
Section 6A-2.1-205. - Firm offers.
Section 6A-2.1-206. - Offer and acceptance in formation of lease contract.
Section 6A-2.1-207. - [Reserved.]
Section 6A-2.1-208. - Modification, rescission, and waiver.
Section 6A-2.1-209. - Lessee under finance lease as beneficiary of supply contract.
Section 6A-2.1-210. - Express warranties.
Section 6A-2.1-212. - Implied warranty of merchantability.
Section 6A-2.1-213. - Implied warranty of fitness for particular purpose.
Section 6A-2.1-214. - Exclusion or modification of warranties.
Section 6A-2.1-215. - Cumulation and conflict of warranties express or implied.
Section 6A-2.1-216. - Third party beneficiaries of express and implied warranties.
Section 6A-2.1-217. - Identification.
Section 6A-2.1-218. - Insurance and proceeds.
Section 6A-2.1-219. - Risk of loss.
Section 6A-2.1-220. - Effect of default on risk of loss.
Section 6A-2.1-221. - Casualty to identified goods.
Section 6A-2.1-222. - Effect of tax increase on lease payments.