R.I. Gen. Laws § 44-5-11.16 — Tax classification — Cumberland

(a) The assessor of the town of Cumberland shall annually prepare a list containing the
full and fair valuation of each property within the town and the percentage of the
tax levy to be apportioned to each class of property and tax rates sufficient to produce
the proportion of the total tax levy.
(b) The assessor has the authority to apply different rates of taxation against all classes
of property to determine the tax due and payable on the property; provided that, the
rate of taxation is uniform within each class.
(c) Classes of property.
(1) Class 1: Residential real estate consisting of not more than five (5) dwelling units;
land classified as open space; and dwellings on leased land including mobile homes.
(i) A homestead exemption provision is also authorized within this class.
(ii) In lieu of a homestead exemption, the town of Cumberland may divide this class into
non-owner and owner-occupied property and adopt separate tax rates in compliance with
the within tax rate restrictions.
(2) Class 2: Commercial and industrial real estate; residential properties containing
partial commercial or business uses; and residential real estate of more than five
(5) dwelling units.
(3) Class 3: All ratable, tangible personal property.
(4) Class 4: Motor vehicles and trailers subject to the excise tax created by chapter
34 of this title.