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Rhode Island

Summary: Before the sale the collector shall give notice of the time and place of sale posted in two (2) or more public places in the town at least three (3) weeks before the time of the sale.  (Sec. 44-9-9), If the taxes are not paid, the collector shall, at the time and place appointed for
the sale, sell the property by public auction (Sec.44-9-8). If at the time and place of sale no person bids for the land offered for sale an amount
equal to the tax and charges, the collector shall then and there make public declaration of the fact; and, if no bid equal to the tax and charges is then made, the collector shall give public notice that the collector purchases for the town (Sec. 44-9-14). The collector shall execute and deliver to the private purchaser a deed of the land, stating the cause of sale, the price for which the land was sold, the places where the notices were posted, the name of the newspaper in which the advertisement of the sale was published, and the residence of the grantee. The deed shall convey
the land to the purchaser, subject to the right of redemption. (Sec. 44-9-12).

Law: General Laws of Rhode Island, Title 44, Chapter 9, “Tax Sales..”

Contact: Local Tax Collector. (Sec. 44-9-7). The collector may advertise and take, or sell any real
estate liable for taxes in the manner directed. (Sec. 44-9-7).

Interest Rate: Ten (10%) penalty if redeemed within six (6) months of the date of sale, and an
additional one (1%) percent penalty for each succeeding month. (Sec. 44-9-19) and (Sec. 44-9-21).

Specifically, (a) Any person having an interest in land sold for nonpayment of taxes, or his or her
heirs or assigns, at any time prior to the filing of a petition for foreclosure under § 44-9-25, if
the land has been purchased by the city or town and has not been assigned, may redeem the land by
paying or tendering to the treasurer the sum for which the real estate was purchased, plus a
penalty which shall be ten percent (10%) of the purchase price if redeemed within six (6) months
after the date of the collector’s sale, and an additional
one percent (1%) of the purchase price for each succeeding month, together with all charges
lawfully added for intervening taxes, which have been paid to the municipality, plus interest
thereon at a rate of one percent (1%) per month, and expenses assessed subsequently to the
collector’s sale. (Sec. 44-9-19, Sec. 44-9-21).

Auction Type: Hybrid Tax Deed. (Sec. 44-9-12). The deed shall convey the land to the purchaser,
subject to the right of redemption. (Sec. 44-9-12).

Bidding Procedure: Premium bid / highest bid. (Sec. 44-9-8 ). The property is sold to the bidder
who will pay for the amount of the taxes, assessments, rates, liens, interest, and necessary
intervening charges, the smallest undivided part of the land which will bring the amount, but not
less than one percent (1%), or the whole for the amount if no person offers to take an undivided
part (Sec. 44-9-8).

Costs: Costs and fees payable are not specified by the state statutes.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Redemption Period: One (1) year. (Sec. 44-9-25). Any person may redeem property sold at a tax sale
at any time prior to the filing of a petition for foreclosure (Sec. 44-9-21). After one year from a
sale of land for taxes, whoever then holds the title acquired may bring a petition in the superior
court for the foreclosure of all rights of redemption (Sec. 44-9-25).

Deed Assigned at Foreclosure to: Tax sale purchaser. The title conveyed by a tax collector’s deed
shall be absolute after foreclosure of the right of redemption (Sec. 44-9-24).
Notes: See Sec 44-9-25, Sec 44-9-25.1 and Sec 44-9-26 for details on foreclosing.

Rhode Island Contacts
number of Counties: There are no counties, contact local taxing district.