Getting Your Home Back After a Tax Sale in Rhode Island
How long you have to redeem a home after a property tax sale or tax lien sale in Rhode Island, and how to do it.
Short answer: After a property tax sale to a private buyer, a person entitled to notice of the sale may redeem at any time before the buyer files a petition to foreclose the right of redemption, by paying the buyer the original sum plus intervening taxes paid, interest of 1% per month, costs, and a… R.I. Gen. Laws § 44-9-21
| Property tax sales | After a property tax sale to a private buyer, a person entitled to notice of the sale may redeem at any time before the buyer files a petition to foreclose the right of redemption, by paying the buyer the original sum plus intervening taxes paid, interest of 1% per month, costs, and a statutory penalty (or, for a city or town's assignee, the amount in the assignment plus the penalty). Payment may be made to the city or town treasurer as the buyer's agent until one year after the sale. Source: R.I. Gen. Laws § 44-9-21 |
|---|
More Rhode Island foreclosure & homeowner law
- How Foreclosure Works in Rhode Island
- HOA Liens and Foreclosure in Rhode Island
- All Rhode Island foreclosure & homeowner law rules
FAQ
How do you get your home back after a tax sale in Rhode Island?
After a property tax sale to a private buyer, a person entitled to notice of the sale may redeem at any time before the buyer files a petition to foreclose the right of redemption, by paying the buyer the original sum plus intervening taxes paid, interest of 1% per month, costs, and a statutory penalty (or, for a city or town's assignee, the amount in the assignment plus the penalty). Payment may be made to the city or town treasurer as the buyer's agent until one year after the sale.
General legal information, not legal advice. Laws change and local rules can differ; check the linked official source or talk to a lawyer about your situation.