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Rhode Island · Through site files published 2025-08-13 · Newer source version available

R.I. Gen. Laws § 34-49-2: Definitions.

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Where this section sits in the code
  1. Title 34 Property
  2. Chapter 49 Commercial Real Estate Broker Lien Act

As used in this chapter, the following words shall have the following meanings:

(1) “Commercial real estate” means any real estate other than: (i) Real estate containing one to four (4) residential units; (ii) Real estate on which: (A) No buildings or structures are located; and (B) Which is zoned for single-family residential use; or (iii) Single-family residential units such as condominiums, townhouses, or homes singly or in a subdivision when sold, leased, or otherwise conveyed on a unit by unit basis, even though these units may be a part of a larger building or parcel of real estate containing more than four (4) residential units.

(2) “Compensation” means fees, commissions, and any and all other compensation which may be due a real estate broker for performance of licensed services as defined in § 5-20-1 et seq.

(3) “Real estate” and “real estate broker” are as defined in § 5-20.5-1 et seq.

Collected 2026-09-05T19:58:54Z. Source file · JSON

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