Rhode Island H7411 requires condominium associations to charge a reduced fee for updating a resale certificate after the initial issuance.
Rhode Island H7411 amends the state's condominium law to mandate that condominium associations charge a lower fee for updating a resale certificate after the initial issuance. The bill specifies that the fee for an updated certificate should not exceed $25, compared to the $125 fee for the initial certificate. This change aims to provide more affordable access to updated resale certificates for unit owners. The act is set to take effect on September 1, 2026.
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