Built from the statute and cross-checked against what the revenue department currently applies.
Verified September 21, 2026 · statute and revenue department cross-checked
The statute and the actual bill do not match. Many guides still quote $2.30 per $500, an old rate. The statute now reads $3.75 per $500, and a second $3.75 applies above $800,000 on residential sales.
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Who pays
Seller.
What to know about Rhode Island
The $800,000 threshold is indexed to inflation starting with tax years beginning January 1, 2026. Above that line residential sellers effectively pay 1.5 percent on the excess. Non-residential property stays at 0.75 percent throughout.
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Sources
Statute: R.I. Gen. Laws § 44-25-1
R.I. Gen. Laws § 44-25-1 “a tax at the rate of three dollars and seventy-five cents ($3.75) for each five hundred dollars ($500) ... when the consideration paid exceeds eight hundred thousand dollars ($800,000), a tax at the rate of three dollars and seventy-five cents ($3.75) for each five hundred dollars ($500) ... of the consideration in excess of eight hundred thousand dollars ... the tax shall be paid by the grantor”
Last verified: September 21, 2026.
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Estimates only. Your closing agent or the county recorder issues the final figure, and exemptions can change what you owe. This page does not collect or store anything you enter.