Tax Lien Certificates and Tax Deed Sales in Rhode Island RI


There are 5 Counties in Rhode Island. It became the 13th state on May 29, 1790. The state motto is "Hope".

Rhode Island offers Tax Deeds with a 1 year right of redemption. The original owner may redeem by paying the purchase price plus a 10% penalty plus 1% per month after 6 months.

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".

Tax Sale List: Use Rhode Island Tax Sale Lists to search for Rhode Island tax lien certificates to buy or bid on. Generally most Rhode Island tax sale lists will identify the property owner, parcel number, legal description and the amount due. In some cases, the tax sale list may include the tax collectors assessed value of the property.

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

Interest Rate: 10% to 16% penalty. 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: Tax Deed Redeemable. The deed shall convey the land to the purchaser, subject to the right of redemption. (Sec. 44-9-12).

Bidding Procedure: 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: 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.

 

Counties:


County:  Auction Type:  Bidding Type:  Population: 
Bristol  Tax Deed Redeemable  Premium Bid 50,648
Kent  Tax Deed Redeemable  Premium Bid 167,090
Newport  Tax Deed Redeemable  Premium Bid 85,433
Providence  Tax Deed Redeemable  Premium Bid 621,602
Washington  Tax Deed Redeemable  Premium Bid 123,546

To report any updates, deletions or additions to the county list, please click here.

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