§ 34-35-5 - Order of sale – Distribution of proceeds. - Rhode Island Statutes

SECTION 34-35-5

   § 34-35-5  Order of sale –Distribution of proceeds. – If the owner makes default at the time appointed, or if, upon a hearing of theparties, it appears that a lien exists upon the property, and that the propertyought to be sold for the satisfaction of the debt, the court may make an orderfor that purpose, and the property may be sold in conformitywith  the order. The court shall ascertain the amount due up to thetime of the entering of the order, and any surplus of the proceeds of the sale,after satisfying the debt and all costs and charges, shall be paid into theregistry of the court for the benefit of the lawful owner of the property.