Rhode Island § 34-6-1 § 34-6-1. Sale of real estate free of charges — Provisions for payment of sums charged.

Rhode Island Statutes

§ 34-6-1 — § 34-6-1. Sale of real estate free of charges — Provisions for payment of sums charged.

Rhode Island § 34-6-1

Title 34Property

Ch. 34-6Release of Money Charges

This text of Rhode Island § 34-6-1 (§ 34-6-1. Sale of real estate free of charges — Provisions for payment of sums charged.) 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 § 34-6-1 (2026).

Text

§ 34-6-1. Sale of real estate free of charges — Provisions for payment of sums charged.
When real estate is charged with the payment of money, either in fixed sums or in
            annuities for a life or lives or for years, the superior court may, upon the petition
            of the persons holding title thereto subject to the charge of such payment, and after
            notice and hearing, authorize them to sell and to convey by private sale or public
            auction the whole or any portion of the real estate in fee simple and free from the
            charge whether present or future, certain or contingent; and the court shall in that
            case provide by its decree for the payment of the sums charged 

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§ 34-6-1. Sale of real estate free of charges — Provisions for payment of sums charged.

When real estate is charged with the payment of money, either in fixed sums or in annuities for a life or lives or for years, the superior court may, upon the petition of the persons holding title thereto subject to the charge of such payment, and after notice and hearing, authorize them to sell and to convey by private sale or public auction the whole or any portion of the real estate in fee simple and free from the charge whether present or future, certain or contingent; and the court shall in that case provide by its decree for the payment of the sums charged upon the real estate (1) by placing the whole or any portion of the proceeds of the sale thereof in the hands of a trustee to be appointed by it, (2) by the purchase of annuities for the persons entitled to receive the sums so charged, or (3) by any other means which shall be deemed just and reasonable. The trustee shall give bond in such sum as the court may order and shall, under the direction of the court, manage and account for the trust fund and shall distribute the income thereof according to its decree. In case of appointment of a trustee, the court shall have power to remove him and appoint another in his stead, and to fill a vacancy in the trusteeship, whenever occasion may require.

Legislative History

G.L. 1896, ch. 201, § 21; C.P.A. 1905, §§ 1220, 1229; G.L. 1909, ch. 252, § 21; G.L. 1923, ch. 296, § 21; G.L. 1938, ch. 440, § 1; G.L. 1956, § 34-6-1.