Rhode Island General Laws Title 34. Property § 34-41-4.01. Applicability--Exemptions

(1) A gratuitous disposition of a time share;

(2) A disposition pursuant to court order;

(3) A disposition by a government or governmental agency;

(4) A disposition by foreclosure or deed in lieu of foreclosure;

(5) A disposition that may be canceled at any time and for any reason by the purchaser without penalty;

(6) A disposition of a time share in a unit situated wholly outside this state pursuant to a contract executed wholly outside this state, if there has been no offering within this state;

(7) An offering by a developer of time shares in no more than one time-share unit at any one time; or

(8) A disposition of a time-share property or all time shares therein to one purchaser.