§ 44-5-20.2 - Pawtucket – Property tax classification – List of ratable property. - Rhode Island Statutes

SECTION 44-5-20.2

   § 44-5-20.2  Pawtucket – Property taxclassification – List of ratable property. – (a) Under the system of classification of taxable property adopted by the cityof Pawtucket, all ratable property in the city of Pawtucket shall be classifiedby the assessor as follows:

   (1) Class-1: all residential real estate, which consists ofnot more than five (5) dwelling units and all residential real estate thatconsists of six (6) dwelling units in which at least one unit isowner-occupied. Class 1 includes all mobile/manufactured homes;

   (2) Class 2: all commercial and industrial real estate andall residential real estate which consists of six (6) dwelling units in whichno units are owner-occupied and all residential real estate which consists ofmore than six (6) dwelling units;

   (3) Class 3: all ratable tangible personal property;

   (4) Class 4: all motor vehicles and trailers subject to theexcise tax created by chapter 34 of this title.

   (b) Where real property is used or held for more than onepurpose and the uses result in different classifications, the assessor shallallocate to each classification the percentage of true and fair cash value tothe property devoted to each use.