This bill amends the Residential Landlord and Tenant Act to require landlords to give tenants at least 60 days' notice of a rent increase, instead of the current requirement of 30 days. It also increases the notice requirement for rent increases for tenants over the age of 62 to at least 120 days. The bill aims to address housing insecurity and instability in Rhode Island by providing tenants with more time to adjust their budgets or find alternative housing. The bill would take effect upon passage.

Statutes affected:
5362  SUB A: 34-18-16.1
5362: 34-18-16.1