Rhode Island Code of Regulations
Title 860 - Housing Resources Commission
Chapter 00 - N/A
Subchapter 00 - N/A
Part 5 - Rules and Regulations Governing the Implementation of an Approved Monitoring Agent Program
Section 860-RICR-00-00-5.3 - Definitions

1. "Accessory Dwelling Unit" or "ADU" means a residential living unit on the same parcel where the primary use is a legally established single-unit or multi-unit dwelling. An Accessory Dwelling Unit provides complete independent living facilities for one or more persons. It may take various forms including, but not limited to: a detached unit; a unit that is part of an accessory structure, such as a detached garage; or a unit that is part of an expanded or remodeled primary dwelling.

2. "Affordable Housing Restriction" means a deed, regulatory agreement, or other instrument suitable for recording in a form approved by the HRC containing those requirements necessary to meet the standards set forth in the Rhode Island Low and Moderate Income Housing Act, R.I Gen. Laws Chapter 45-53, and recorded in the relevant land evidence records or registry of deeds as applicable.

3. "Developer Agent" means including, but shall not necessarily be limited to, lottery agents, listing agents, property management agents, placement agents, or any other individual or entity involved in the sale or lease process.

4. "Housing Resources Commission" or "HRC" means the commission established as an agency within the executive department pursuant to R.I. Gen. Laws § 42-128-4.

5. "Low or moderate income housing" or "LMIH" means as set forth in R.I Gen. Laws § 45-53-3(9), the Rhode Island Low and Moderate Income Housing Act.

6. "Monitoring Agents" means those monitoring agents appointed by the Rhode Island Housing Resources Commission pursuant to R.I. Gen. Laws § 45-53-3.2 for municipally subsidized housing developments.