Rhode Island § 34-27-2 § 34-27-2. Right of mortgagee to bid at sale.

Rhode Island Statutes

§ 34-27-2 — § 34-27-2. Right of mortgagee to bid at sale.

Rhode Island § 34-27-2

Title 34Property

Ch. 34-27Mortgage Foreclosure and Sale

This text of Rhode Island § 34-27-2 (§ 34-27-2. Right of mortgagee to bid at sale.) 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.

Bluebook

R.I. Gen. Laws § 34-27-2 (2026).

Text

§ 34-27-2. Right of mortgagee to bid at sale.
At any sale by public auction made under and according to the provisions of any mortgage
            of real estate, or of any power of sale contained therein or annexed thereto, the
            mortgagee in the deed of mortgage or other conveyance, or pledgee, his, her, or their
            assigns, or his, her, or their heirs, executors or administrators, or any person for
            him, her, or them, may fairly and in good faith bid for and purchase the estate or
            property so put up for sale, or any part thereof, in the same manner as it may be
            bid for and purchased by any other person.
         

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§ 34-27-2. Right of mortgagee to bid at sale.

At any sale by public auction made under and according to the provisions of any mortgage of real estate, or of any power of sale contained therein or annexed thereto, the mortgagee in the deed of mortgage or other conveyance, or pledgee, his, her, or their assigns, or his, her, or their heirs, executors or administrators, or any person for him, her, or them, may fairly and in good faith bid for and purchase the estate or property so put up for sale, or any part thereof, in the same manner as it may be bid for and purchased by any other person.

Legislative History

G.L. 1896, ch. 207, § 16; P.L. 1896, ch. 327, § 1; G.L. 1909, ch. 258, § 16; G.L. 1923, ch. 302, § 16; G.L. 1938, ch. 442, § 16; G.L. 1956, § 34-27-2; P.L. 1960, ch. 147, § 3.