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Bill

SB 1053

AN ACT RELATING TO PROPERTY -- LEASED LAND DWELLINGS

2025 Regular Session Introduced by Pete Appollonio and 1 co-sponsor

Rhode Island modifies leased land dwelling property rights, affecting homeowners renting underlying land and their legal protections, financing options, and property valuations.

06/24/2025 Signed by Governor
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WeVote Research Nonpartisan
Bill Summary · SB 1053

Legislative bill overview

SB 1053 modifies Rhode Island property law regarding dwellings on leased land. The bill addresses the legal treatment and rights of individuals who own structures on land they do not own, a situation common in manufactured home communities and certain rural properties. The specific provisions adjust how these "leasehold" properties are classified, valued, or protected under state law.

Why is this important

Leased land dwellings affect thousands of Rhode Island residents who own their homes but rent the underlying property. Changes to how these arrangements are legally treated can impact property values, financing availability, tax assessments, and residents' security of tenure. The swift passage and gubernatorial signature suggest legislative consensus that the changes address a genuine property rights or consumer protection issue.

Potential points of contention

  • Property rights vs. landlord interests — Strengthening tenant protections on leased land may limit landlord flexibility in rent increases, lease terms, or property use, potentially affecting investment in these communities
  • Tax implications — Reclifying how leased land dwellings are assessed could shift the tax burden between individual homeowners and land/property owners
  • Financing and mortgageability — Changes affecting legal status may impact banks' willingness to finance leasehold properties, either improving or restricting access to home loans

Compiled from official sources — confirm details with the bill’s official record.

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