GroundRules
R.I. Gen. Laws § 9-26-9: Proceeds of sale of mortgaged property.
Where this section sits in the code
- Title 9 Courts and Civil Procedure — Procedure Generally
- Chapter 26 Levy and Sale on Execution
The proceeds of the sale shall be applied to the payment of the amount due on the mortgage, with such deduction for interest for the anticipated payment, or allowance for damages for such anticipated payment, as may be ascertained and allowed by the court to which the execution is returnable, and the balance shall be applied to the payment of the amount due on the execution.
Collected 2026-09-05T19:55:02Z. Source file · JSON