Rhode Island General Laws — Title 44 (Taxation)
R.I. Gen. Laws § 44-27-10
Reclassification of land withdrawn from classification â Effect on obligations and the land use change tax
Official textwebserver.rilegislature.govlast amended
Land, previously classified as farm, forest, or open space land, which was withdrawn from that classification may be reclassified as that classification if it still meets the requirements of this chapter. This reclassification of the land commences anew the computation of the period for purposes of the land use change tax. Any unpaid lien obligated by the previous withdrawal is voided. At no time shall an obligation incurred under the provisions of this chapter exceed ten percent (10%) of the then fair market value of the land.
Amendment history
History of Section. P.L. 1980, ch. 252, § 2.
Source: view the official text
In this chapter (14 sections)
- 44-27-1 · Legislative declaration
- 44-27-2 · Definitions
- 44-27-3 · Classification of farmland or dairy farmland
- 44-27-4 · Classification of forest land
- 44-27-5 · Classification of open space land
- 44-27-6 · Appeals to superior court
- 44-27-7 · Rules and regulations
- 44-27-8 · Availability of current values â Duties of the department…
- 44-27-9 · Change of ownership â Procedure for continuance of…
- 44-27-10 · Reclassification of land withdrawn from classification â…
- 44-27-10.1 · Land withdrawn from classification for commercial…
- 44-27-11 · Powers of the board of assessment review or city or town…
- 44-27-12 · Duties of the board of assessment review or city or town…
- 44-27-13 · Severability