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Current as of January 01, 2024 | Updated by Findlaw Staff
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.
Cite this article: FindLaw.com - Rhode Island General Laws Title 9. Courts and Civil Procedure--Procedure Generally § 9-26-9. Proceeds of sale of mortgaged property - last updated January 01, 2024 | https://codes.findlaw.com/ri/title-9-courts-and-civil-procedure-procedure-generally/ri-gen-laws-sect-9-26-9/
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