Rhode Island Tax Liens
| Sale Type: | Tax Lien Certificates/Tax Deeds |
| Interest Rate: | 10%+1% |
| Bid Method: | Highest Bidder |
| Redemption Period: | 1 Year |
| Sale Date(s): | Year Round |
| State Statute(s): | Title 44, CH 9 |
| Over-the-Counter: | No |
| State Website: | www.ri.gov |
Rhode Island State Overview
In Rhode Island, tax collector’s sell tax deeds (hybrid tax deed) 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.
- Tax Sale Type: Hybrid Tax Deed. (Sec. 44-9-12).
- Contact: Tax Collector. (Sec. 44-9-7).
- Interest Rate and/or Penalty 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).
- Bid Procedure: Premium bid / highest bid. (Sec. 44-9-8).
- Redemption Period: One (1) year. (Sec. 44-9-25).
- Law: General Laws of Rhode Island, Title 44, Chapter 9 – “Tax Sales”.
