Rhode Island General Laws 31-44-22. Sale price recording
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Every deed presented for recording due to the sale of property, which results in the transfer in ownership of the property, shall contain or have endorsed upon it the total dollar amount of the actual sale, which shall be recorded as part of the deed. A city or town clerk may decline to accept a deed for recording if the deed is not in compliance with this section. Failure to comply with this section shall not affect the validity of any deed.
History of Section.
P.L. 2006, ch. 309, § 2; P.L. 2007, ch. 340, § 5.
Terms Used In Rhode Island General Laws 31-44-22
- Deed: The legal instrument used to transfer title in real property from one person to another.
- town: may be construed to include city; the words "town council" include city council; the words "town clerk" include city clerk; the words "ward clerk" include clerk of election district; the words "town treasurer" include city treasurer; and the words "town sergeant" include city sergeant. See Rhode Island General Laws 43-3-9