Rhode Island § 44-27-10 § 44-27-10. Reclassification of land withdrawn from classification — Effect on obligations and the land use change tax.

Rhode Island Statutes

§ 44-27-10 — § 44-27-10. Reclassification of land withdrawn from classification — Effect on obligations and the land use change tax.

Rhode Island § 44-27-10

Title 44Taxation

Ch. 44-27Taxation of Farm, Forest, and Open Space Land

This text of Rhode Island § 44-27-10 (§ 44-27-10. Reclassification of land withdrawn from classification — Effect on obligations and the land use change tax.) 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 § 44-27-10 (2026).

Text

§ 44-27-10. Reclassification of land withdrawn from classification — Effect on obligations and
               the land use change tax.
Land, previously classified as farm, forest, or open space land, which was withdrawn
            from that classification may be reclassified as that classification if it still meets
            the requirements of this chapter. This reclassification of the land commences anew
            the computation of the period for purposes of the land use change tax. Any unpaid
            lien obligated by the previous withdrawal is voided. At no time shall an obligation
            incurred under the provisions of this chapter exceed ten percent (10%) of the then
            fair market value o

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§ 44-27-10. Reclassification of land withdrawn from classification — Effect on obligations and the land use change tax.

Land, previously classified as farm, forest, or open space land, which was withdrawn from that classification may be reclassified as that classification if it still meets the requirements of this chapter. This reclassification of the land commences anew the computation of the period for purposes of the land use change tax. Any unpaid lien obligated by the previous withdrawal is voided. At no time shall an obligation incurred under the provisions of this chapter exceed ten percent (10%) of the then fair market value of the land.