§ 45-29-25 - Confirmation of appraisers' report – Use of deposit – Execution. - Rhode Island Statutes

SECTION 45-29-25

   § 45-29-25  Confirmation of appraisers'report – Use of deposit – Execution. – (a) The report of the appraisers, after being so corrected in case of an appealas to conform to the findings on appeal, shall be confirmed, and, thereupon,execution or executions shall issue accordingly, as upon a judgment in duecourse of law, with interest, at the rate of six percent (6%) per annum fromthe date when the city became entitled to enter upon and take possession of anduse the land or interest or estate in it.

   (b) The balance, if any, of any sum of money in the registryof the court after the payment to any claimant objecting, of the sum ofseventy-five percent (75%) of the appraised value of his or her propertycondemned remains in the registry of the court, subject to its further order,and shall be ordered used in satisfaction of any unpaid part of final awards,respectively, with interest and costs, to the extent required. If the balanceis insufficient, then execution shall issue against the city for thedeficiency. Any excess not otherwise required shall be ordered repaid to thecity or the authority depositing it. To avoid conflicting executions, the courtmay order executions to be issued in adjusted amounts.