Rhode Island General Laws — Title 44 (Taxation)
R.I. Gen. Laws § 44-9-37
Surplus proceeds from sale without foreclosure
If the amount received from the sale is more than the taxes, interest and charges, and subsequent taxes and assessments, on all land included in the sale, together with the expenses of the sale, the balance shall be deposited with the city or town treasurer to be paid to the person entitled to it if demanded within five (5) years, otherwise it shall enure to the city or town. If the surplus results from the sale of several parcels for a lump sum, it shall be held for the several owners in proportion to the prices at which the several parcels were originally assessed by the city or town.
Amendment history
History of Section. G.L. 1938, ch. 32, § 54, P.L. 1946, ch. 1800, § 1; G.L. 1956, § 44-9-37.
Source: view the official text
In this chapter (40 sections)
- 44-9-20 · City or town treasurerâs release
- 44-9-21 · Redemption from purchaser other than city or town
- 44-9-22 · Proceedings as to low value lands unaffected by redemption…
- 44-9-23 · Certificate of redemption money paid to treasurer
- 44-9-24 · Title absolute after foreclosure of redemption â…
- 44-9-25 · Petition for foreclosure of redemption
- 44-9-25.1 · Foreclosure of the rights of redemption on account of…
- 44-9-25.2 · Foreclosure of the rights of redemption on account of…
- 44-9-25.3 · Expedited foreclosure of the rights of redemption on…
- 44-9-26 · Deposit by petitioner to cover costs
- 44-9-27 · Examination of title â Notice to interested parties of…
- 44-9-28 · Order as to parties in default
- 44-9-29 · Redemption by party to foreclosure proceedings
- 44-9-30 · Decree barring redemption
- 44-9-31 · Contest of validity of tax title
- 44-9-32 · Recording of notices of foreclosure petition and final…
- 44-9-33 · Practice following course of equity
- 44-9-34 · Holding and disposition of land foreclosed by city or town
- 44-9-35 · Errors and irregularities in proceedings
- 44-9-36 · Sale by city or town treasurer without foreclosure
- 44-9-37 · Surplus proceeds from sale without foreclosure
- 44-9-38 · Purchase by city or town at sale without foreclosure
- 44-9-39 · Bar of persons notified of sale without foreclosure
- 44-9-40 · Petition to establish title based on sale without foreclosure
- 44-9-41 · Notice of petition to establish title
- 44-9-42 · Decree on petition to establish title
- 44-9-43 · Refund of purchase price when title based on collectorâs…
- 44-9-44 · Recording of notices in proceeding to establish title
- 44-9-45 · Jurisdiction of proceedings to establish title â Practice…
- 44-9-46 · Forms
- 44-9-47 · Definitions
- 44-9-48 · Lien â Perfection â Priority
- 44-9-49 · Notice of lien â Taxpayer
- 44-9-50 · Notice of lien â Secretary of state
- 44-9-51 · Notice to taxpayer â After lien has been perfected
- 44-9-52 · Effective period of lien â Limitation period
- 44-9-53 · Rights and remedies of municipality and taxpayer
- 44-9-54 · Validity of liens
- 44-9-55 · Discharge
- 44-9-56 · Filing fees