Public-domain · open source
OpenJurist

R.I. Gen. Laws § 5-20.8-5

Real estate disclosure form acknowledgement — Inclusion in real estate sales agreements — Penalty for violation

Applied in 1 court decision — leading case 335 F. Supp. 2d 252 - Wallace v. United States (2004)

Most recently applied in 335 F. Supp. 2d 252 - Wallace v. United States (September 2004)

P.L. 1992, ch. 425, § 1; P.L. 2023, ch. 71, § 1, effective June 14, 2023; P.L. 2023, ch. 72, § 1, effective June 14, 2023.

(a) Every agreement for the purchase and sale of residential real estate located in the state shall contain an acknowledgement that a completed real estate disclosure form has been provided to the buyer by the seller.

(b) Failure to provide the seller disclosure form to the buyer does not void the agreement nor create any defect in title. Each violation of this statute by the seller or his or her agent is subject to a maximum civil penalty in the amount of one thousand dollars ($1,000) per occurrence.

Official source: Rhode Island General Assembly. Reproduced from public-domain Rhode Island statutes; confirm against the official source for the current text. Not legal advice.