Section 34-39.1-1. – Short title.

§ 34-39.1-1. Short title. This act shall be known and may be cited as “The Holders of Low and Moderate Income Housing Restrictions Act”. History of Section.P.L. 1991, ch. 237, § 1.

Section 34-39.1-2. – Legislative purpose.

§ 34-39.1-2. Legislative purpose. The general assembly recognizes and declares that there exists in the state of Rhode Island a serious shortage of decent, safe and sanitary housing units available and affordable to persons and families of low and moderate income. The inadequacy in the supply of decent, safe, and sanitary affordable housing endangers the […]

Section 34-39.1-3. – Definitions.

§ 34-39.1-3. Definitions. For purposes of this chapter: (1) “Housing restriction” means any obligation or requirement to maintain real estate affordable for rental to or purchase by low and moderate income citizens of the state or any limitation on the future use or transfer of the real estate, whether stated in the form of a […]

Section 34-39.1-4. – Housing restrictions enforceable.

§ 34-39.1-4. Housing restrictions enforceable. (a) No housing restriction, whether presently existing or hereafter created, that is held by a restriction holder shall be unenforceable against an owner or assignee of any real estate subject to the housing restriction because of lack of privity of estate or contract, or lack of benefit to particular land, […]

Section 34-39.1-5. – Interests in real estate.

§ 34-39.1-5. Interests in real estate. Housing restrictions are interests in real estate and may be assigned by the party that holds the housing restriction to any other restriction holder. A document creating a restriction shall be deemed a conveyance of real estate for purposes of chapters 11 and 13 of this title. A restriction […]

Section 34-39.1-6. – Invalidity of certain restrictive covenants.

§ 34-39.1-6. Invalidity of certain restrictive covenants. Since decent, safe and sanitary housing units available and affordable to persons and families of low and moderate income must by their nature be situated in residential areas, including exclusively residential areas and also mixed use areas, any restrictive covenant or other private legal impediment which directly or […]