§ 44-9-21 - Redemption from purchaser other than city or town. - Rhode Island Statutes

SECTION 44-9-21

   § 44-9-21  Redemption from purchaser otherthan city or town. – Any person may redeem by paying or tendering to a purchaser, other than thecity or town, his or her legal representatives, or assigns, or to the person towhom an assignment of a tax title has been made by the city or town, at anytime prior to the filing of the petition for foreclosure, in the case of apurchaser the original sum and any intervening taxes which have been paid tothe municipality plus interest thereon at the rate of one percent (1%) permonth and costs paid by him or her, plus a penalty as provided in §44-9-19, or in the case of an assignee of a tax title from a city or town, theamount stated in the instrument of assignment, plus the above-mentionedpenalty. He or she may also redeem the land by paying or tendering to thetreasurer the sum which he or she would be required to pay to the purchaser orto the assignee of a tax title, in which case the city or town treasurer shallbe constituted the agent of the purchaser or assignee. The right of redemptionmay be exercised only by those entitled to notice of the sale pursuant to§§ 44-9-10 and 44-9-11.