When used in this chapter, unless the context indicates otherwise:
(1) “Agent” means any individual or entity acting on behalf of a seller or buyer to effect
the transfer of real estate. It includes listing agent, selling agent, buyer’s agent,
and their respective brokers.
(2) “Agreement to transfer” means a purchase and sale agreement, installment-sales contract,
option to purchase agreement, or other agreement intended to effect the transfer of
real estate from a seller to a buyer.
(3) “Buyer” means any individual or entity seeking to obtain title to real estate from
a seller for consideration.
(4) “Closing” means the time at which real estate is transferred from seller to buyer
and consideration is delivered to the seller or to a settlement agent with the intention
of imminent delivery upon the recording of pertinent documents and other ministerial
acts associated with settlement.
(5) “Deficient conditions” means any land restrictions, defect, malfunction, breakage,
or unsound condition existing on, in, across, or under the real estate of which the
seller has knowledge.
(6) “Lead exposure hazard” means a condition that presents a clear and significant health
risk to occupants of the dwelling, dwelling unit, or premises, particularly where
there are children under the age of six (6) years.
(7) “Real estate” means vacant land or real property and improvements consisting of a
house or building containing one to four (4) dwelling units.
(8) “Seller” means any individual or entity seeking to transfer title to real estate to
a buyer for consideration.
(9) “Shoreline property” means any real estate that abuts the shore as governed by § 46-23-26.
(10) “Transfer” means the sale or conveyance, exchange of, or option to purchase any real
estate.
Notes of Decisions
Cited in
6
cases, 2001–2008 · leading case:
Stebbins v. Wells, 818 A.2d 711 (R.I. 2003).
Stebbins v. Wells, 818 A.2d 711 (R.I. 2003).
· cites it 5× “Because the Legislature purposefully included buyer’s agents within the definition of the term “agent” in § 5-20.8-1, we conclude that the General Assembly did not intend to distinguish between the different types of agents involved in real estate transactions, but rather…”
Wallace v. United States, 335 F. Supp. 2d 252 (D.R.I. 2004).
· cites it 12× “and R.I. Gen. Laws § 5-20.8-1 et seq. The Plaintiffs’ principal complaint in the lawsuit is that the Defendants failed to warn them about lead-based paint in a house Wallace purchased and subsequently leased to Gonsalves and the Children.”
Stebbins v. Wells, 766 A.2d 369 (R.I. 2001).
· cites it 2× “A deficient condition is defined in § 5-20.8-1(5) as “any land restrictions, defect, malfunction, breakage, or unsound condition existing on, in, across or under the real estate of which the seller has knowledge,” and real estate is defined in § 5-20.”
Bitting v. Gray, 897 A.2d 25 (R.I. 2006).
· cites it 2× “” Section 5-20.8-1(5). Section 5-20.8-2(b)(2)(xxi) provides as follows: “Easements and Encroachments— The seller of that real estate is required *36 to provide the buyer with a copy of any previous surveys of the real estate that are in the seller’s possession and notify the…”
Am. Capital Corp. v. Blixseth, 563 F. Supp. 2d 316 (D.R.I. 2008).
· cites it 10× “" R.I. Gen. Laws § 5-20.8-1(5). The requirements set forth in Section 5-20.”
Am. Capital Corp. v. Blixseth, 575 F. Supp. 2d 379 (D.R.I. 2008).
· cites it 8× “” R.I. Gen. Laws § 5-20.8-1(5). The requirements set forth in Section 5-20.”
— R.I. Gen. Laws § 5-20.8-1(1) — 1 case
Stebbins v. Wells, 818 A.2d 711 (R.I. 2003).
“Because the Legislature purposefully included buyer’s agents within the definition of the term “agent” in § 5-20.8-1, we conclude that the General Assembly did not intend to distinguish between the different types of agents involved in real estate transactions, but rather…”
— R.I. Gen. Laws § 5-20.8-1(5) — 4 cases
Bitting v. Gray, 897 A.2d 25 (R.I. 2006).
“” Section 5-20.8-1(5). Section 5-20.8-2(b)(2)(xxi) provides as follows: “Easements and Encroachments— The seller of that real estate is required *36 to provide the buyer with a copy of any previous surveys of the real estate that are in the seller’s possession and notify the…”
Stebbins v. Wells, 766 A.2d 369 (R.I. 2001).
“A deficient condition is defined in § 5-20.8-1(5) as “any land restrictions, defect, malfunction, breakage, or unsound condition existing on, in, across or under the real estate of which the seller has knowledge,” and real estate is defined in § 5-20.”
— R.I. Gen. Laws § 5-20.8-1(6) — 1 case
Stebbins v. Wells, 766 A.2d 369 (R.I. 2001).
“A deficient condition is defined in § 5-20.8-1(5) as “any land restrictions, defect, malfunction, breakage, or unsound condition existing on, in, across or under the real estate of which the seller has knowledge,” and real estate is defined in § 5-20.”
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