§ 34-11-42 — § 34-11-42. Transfer fees prohibited.
This text of Rhode Island § 34-11-42 (§ 34-11-42. Transfer fees prohibited.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Text
§ 34-11-42. Transfer fees prohibited.
No person or business entity who sells real property shall charge, collect, receive, or be entitled to a fee based solely on the subsequent resale or transfer of said property. This prohibition includes, but is not limited to, fees or charges imposed by a real estate developer based upon the subsequent resale or transfer of said real property. Any housing development that is covered by the definition in § 45-53-3(9) is exempt from this section. Further, any fee or charge connected with the transfer of properties with a conservation restriction as defined in § 34-39-2(a) is exempt from the provisions of this section. Further
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Rhode Island § 34-11-42, Counsel Stack Legal Research, https://law.counselstack.com/statute/ri/34-11-42.