Rhode Island § 34-36-27 § 34-36-27. Separate assessment for taxation.

Rhode Island Statutes

§ 34-36-27 — § 34-36-27. Separate assessment for taxation.

Rhode Island·Title 34 Property·Ch. 34-36 Condominium Ownership

§ 34-36-27. Separate assessment for taxation.
(a) Each unit and its percentage of undivided interest in the common areas and facilities
            shall be deemed to be a parcel and shall be subject to separate assessment and taxation
            by each assessing unit and special district for all types of taxes authorized by law
            including but not limited to ad valorem levies and special assessments. Neither the
            building or buildings, the property nor any of the common areas and facilities shall
            be deemed to be a parcel.
         
(b) No forfeiture or sale of the improvements or the property as a whole for delinquent
            real estat

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§ 34-36-27. Separate assessment for taxation.

(a) Each unit and its percentage of undivided interest in the common areas and facilities shall be deemed to be a parcel and shall be subject to separate assessment and taxation by each assessing unit and special district for all types of taxes authorized by law including but not limited to ad valorem levies and special assessments. Neither the building or buildings, the property nor any of the common areas and facilities shall be deemed to be a parcel.

(b) No forfeiture or sale of the improvements or the property as a whole for delinquent real estate taxes, special assessments, or charges shall ever divest or in any way affect the title to an individual unit so long as the real estate taxes or duly levied share of the assessments and charges on the individual unit are currently paid.

(c) Any exemption from taxes that may exist on real property or the ownership thereof shall not be denied by virtue of the submission of the property to the provisions of this chapter.

Rhode Island § 34-36-27 (§ 34-36-27. Separate assessment for taxation.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.