§ 44-9-18.3 - Tiverton – Assignments to the Tiverton land trust.
SECTION 44-9-18.3
§ 44-9-18.3 Tiverton – Assignments tothe Tiverton land trust. – Notwithstanding the provisions of § 44-9-18, the town treasurer of thetown of Tiverton, with the approval of the town council, may transfer andassign any or all tax titles held by the town for no monetary consideration tothe Tiverton Land Trust, Incorporated, a non-profit Rhode Island corporation,and further shall not be required to send notice of any intended transfer orassignment to the owner of record. The transfer or assignment shall not conferupon the Tiverton Land Trust, Incorporated any greater rights orresponsibilities than those granted to or imposed upon the town of Tiverton asoriginal holder of the tax title. The Tiverton Land Trust, Incorporated shallhold any tax title transferred or assigned subject to any and all rights ofredemption held by the owner of record and/or his or her successors and assignsin title. Any and all statutory redemption costs shall be paid to the town ofTiverton and the Tiverton Land Trust, Incorporated. Notwithstanding theforegoing, the Tiverton Land Trust, Incorporated shall also hold and bepermitted to exercise any rights that the town of Tiverton previously held,including the right to petition for foreclosure of any rights of redemption.