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RI S2702
Bill
Status
Introduced
2/27/2026
Primary Sponsor
Melissa Murray
Click for details
AI Summary
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Condominium associations may charge up to $125 for preparing and providing an initial resale certificate (electronic or physical version)
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Updated resale certificates must be provided at a reduced fee of no more than $25
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Associations must furnish resale certificates within 10 days of a unit owner's request, or face civil penalties of $100 to $500 per occurrence
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Effective date: September 1, 2026
Legislative Description
Requires condominium associations to charge a reduced fee to update a condominium resale certificate after issuance of the initial certificate.
Property
Last Action
Introduced, referred to Senate Housing and Municipal Government
2/27/2026
Committee Referrals
Housing and Municipal Government2/27/2026
Full Bill Text
No bill text available