Rhode Island
Sale typeTax lien certificate
Rate / penalty10% + 1% per month penalty
Redemption period1 year
Rhode Island pairs a 10% base rate with an additional 1%-per-month penalty, and gives owners one year to redeem before foreclosure proceedings can begin.
Quick answers
Is Rhode Island a tax lien or tax deed state?+
Rhode Island is a tax lien certificate state.
What's the interest rate or penalty in Rhode Island?+
In Rhode Island, the rate is: 10% + 1% per month penalty.
How long is the redemption period in Rhode Island?+
The redemption period in Rhode Island is 1 year.
Not sure how Rhode Island's system compares to a state you already know? Read Tax Lien vs. Tax Deed: What's the Difference? for the full breakdown.
This page is general information, not financial or legal advice. Rates and redemption periods are set by state statute and can change by county or legislative session — always confirm against the county's own auction notice before bidding.