2014 Government Regulations & Business Summit
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PROVIDENCE – The General Assembly has approved legislation helping active service members exit automobile and housing leases when they are moved to a different station or deployed.
The legislation would allow a service member who is moved to a different base or is deployed for a period of more than 180 days to unilaterally terminate a motor-vehicle lease on a vehicle intended for use by the service member or a dependent, by providing a copy of his or her order or a letter signed by his or her commanding officer and returning the vehicle, without paying a penalty.
With the same documentation, a service member who is moved or deployed for more than 90 days would be able to terminate a housing rental agreement, effective 30 days after the lessee provides the notice, without an early-termination fee. •