Verbatim from the public record. The law itself is a government work — always confirm the current version on the official source before you rely on it.
(a)(1) If a condominium unit owner shall default in the payment of any
assessment, fine, or any other charge which is a lien on the unit in
favor of the association or its assigns, then it shall be lawful for the
association or its assigns, through its executive board, to sell the
unit of any defaulting unit owner and the benefit and equity of
redemption of the defaulting unit owner and his or her heirs, executors,
administrators, and assigns therein, at public auction upon the premises
or at such other place, if any, as may be designated for that purpose by
the association or its assigns.
(2) The association must first mail written notice of the time and place
of sale to the defaulting unit owner, at his or her last known address
and the holder of the first mortgage or deed of trust of record at the
address for service required by subdivision 34-36.1-3.16(b)(4), both by
certified mail, return receipt requested, at least twenty (20) days
prior to publishing said notice; second, the association must publish
the same at least once each week for two (2) successive weeks in a
public newspaper. The time of sale shall be at least fifteen (15) days
after the publication of the first notice in a public newspaper.
Publication shall be as follows:
(i) If the condominium is situated in the city of Central Falls, in a
public newspaper published daily in the city of Pawtucket;
(ii) If the condominium is situated in the town of North Providence, in
a public newspaper published daily in the city of Providence;
(iii) If the condominium is situated in any of the towns of Cumberland,
Lincoln, Smithfield or North Smithfield, in a public newspaper published
daily in either the city of Pawtucket, Woonsocket, or Providence;
(iv) If the condominium is situated in the county of Providence
elsewhere than in the above last named cities and towns, in a public
newspaper published daily in the city of Providence;
(v) If the condominium is situated in the county of Newport, in a public
newspaper published daily in the city of Newport; but if there be no
such newspaper so published, then in some public newspaper published
anywhere in the county of Newport;
(vi) If the condominium is situated in any of the counties of Bristol,
Kent, or Washington, in a public newspaper published daily in the city
or town in which the condominium is situated; or in some public
newspaper published daily in the county in which the condominium is
situated or in a public newspaper published daily in the city of
Providence.
(3) The sale may be adjourned from time to time, provided that
publishing of the notice shall be continued, together with a notice of
the adjournment or adjournments, at least once each week in the same
newspaper; and third, the association must mail written notice of the
same to any person or entity having an interest of record in the unit,
recorded not later than thirty (30) days prior to the date originally
scheduled for the sale, including without limitation, the holder of any
mortgage or deed of trust with respect to the unit, to the address of
the person or entity may have provided for that purpose in the land
evidence records or at any other address the person or entity may have
provided the association in writing, such notice to be given by regular
or certified mail, return receipt requested, at least ten (10) days
prior to the date originally scheduled for such sale; and in his or her
or their own name or names, or as the attorney or attorneys of the
defaulting unit owner (for that purpose by these presents duly
authorized and appointed with full power of substitution and revocation)
to make, execute, and deliver to the purchaser or purchasers at the sale
a good and sufficient deed or deeds of the defaulted condominium unit,
in fee simple, and to receive the proceeds of the sale or sales, and
from the proceeds to retain all sums secured by the lien in favor of the
association as of the date of such sale together with all expenses
incident to such sale or sales, or for making deeds hereunder, and for
fees of counsel and attorneys, and all costs or expenses incurred in the
exercise of such powers, and all taxes, assessments, and premiums for
insurance, if any, either theretofore paid by the association, or its
assigns, or then remaining unpaid upon the defaulted condominium unit,
rendering and paying the surplus of the proceeds of sale, if any there
be, over and above the amounts to be retained, and paid to other
encumbrances of record, together with a true and particular account of
such sale or sales, expenses, and charges, to the defaulting unit owner,
or his or her heirs, executors, administrators or assigns. The sale or
sales shall forever be a perpetual bar against the defaulting unit owner
and his or her heirs, executors, administrators and assigns, and all
persons claiming the defaulted condominium unit, so sold, by, through or
under him, her, them or any of them.
(4) Within seven (7) days after the foreclosure sale, the association
shall send an additional written notice to the holder of the first
mortgage or deed of trust of record as appears in the land evidence
records, as provided in subdivision 34-36.1-3.16(b)(4) by certified
mail, return receipt requested, and first class mail, identifying the
name of the highest bidder and the amount of the bid.
(b) Any foreclosure sale held by the association pursuant to subsection
(a) above, and the title conveyed to any purchaser or purchasers
pursuant to such sale, shall be subject to any lien or encumbrance
entitled to a priority over the lien of the association pursuant to §
34-36.1-3.16(b).
(c) Any foreclosure sale held by the association pursuant to subsection
(a) above, shall be subject to a thirty (30) day right of redemption
running in favor of the holder of the first mortgage or deed of trust of
record. The right of redemption shall be exercised by tendering payment
to the association in full of all assessments due on the unit together
with all attorney’s fees and costs incurred by the association in
connection with the collection and foreclosure process within thirty
(30) days of the date of the post-foreclosure sale notice sent by the
association pursuant to subdivision (a)(4) above. Otherwise, the right
of redemption shall terminate thirty (30) days from the date of the
post-foreclosure sale notice sent by the association pursuant to
subdivision (a)(4) above.
(d) Upon request the association shall provide to any person or entity
having an interest of record in the unit: (1) an itemized statement of
the amounts owed the association by the defaulting unit owner,
separating common expense assessments referred to in §
34-36.1-3.16(b)(2) from interest, attorney’s fees, fines and other
charges secured by the lien of the association; and (2) a copy of the
most recent periodic budget adopted by the association pursuant to §
34-36.1-3.15(a).