Rhode Island § 34-15-21 § 34-15-21. Title vested by sale — Investment for benefit of reversioner or remainderman.

Rhode Island Statutes

§ 34-15-21 — § 34-15-21. Title vested by sale — Investment for benefit of reversioner or remainderman.

Rhode Island·Title 34 Property·Ch. 34-15 Partition

§ 34-15-21. Title vested by sale — Investment for benefit of reversioner or remainderman.
In the event of partition, by sale and division of the proceeds in any partition case
            under this chapter, the sale shall vest in the purchaser an absolute estate in fee
            simple in the lands, tenements, or hereditaments so sold, and the share or shares
            of the proceeds representing the share or shares of the estate subject to reversion
            or remainder after deducting and paying therefrom their proportional parts of the
            costs and expenses of partition, as determined by the court, shall be invested, under
            the order of the court, for the benefit of the person interested

Free access — add to your briefcase to read the full text and ask questions with AI

§ 34-15-21. Title vested by sale — Investment for benefit of reversioner or remainderman.

In the event of partition, by sale and division of the proceeds in any partition case under this chapter, the sale shall vest in the purchaser an absolute estate in fee simple in the lands, tenements, or hereditaments so sold, and the share or shares of the proceeds representing the share or shares of the estate subject to reversion or remainder after deducting and paying therefrom their proportional parts of the costs and expenses of partition, as determined by the court, shall be invested, under the order of the court, for the benefit of the person interested, or who may become interested in the proceeds, in the same manner as is provided in case of unknown parties in § 34-15-18.

Rhode Island § 34-15-21 (§ 34-15-21. Title vested by sale — Investment for benefit of reversioner or remainderman.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.