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Tax Lien Certificates - Tax Deed Sales In Rhode Island RI
Rhode Island does not have tax lien certificate sales. However, Rhode Island does have tax deed sales with a right of redemption bearing an interest rate of 16%. Here is a summary of information for tax sales in Rhode Island:
Interest Rate
up to 16% right of redemption for tax deed sales
Redemption Period
One year
Rhode Island tax lien auctions
Varies depending on the municipality
Rhode Island tax deed sales
Rhode Island conducts tax deed sales
Bidding Process
All auctions are by competitive bid and buyers can bid on partial ownership, similar to what is allowed in Iowa.
State Specific Information
Rhode Island is a decent tax lien state because the interest rate of 16% per year is reasonable.
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