Rhode Island § 34-23-6 - Mortgages of Real Property
Full text of Rhode Island Rhode Island General Laws § 34-23-6 — Mortgages of Real Property, with citation guidance and answers to common questions.
§ 34-23-6. Mortgages of Real Property
R.I. Gen. Laws § 34-23-6
§ 34-23-6. Loan fees.
In the event any brokerage fees, loan fees, points, finders’ fees, origination fees, or any similar charges shall be imposed on any secured mortgage loan on real estate containing thereon dwelling houses of not more than four (4) dwelling units, those charges shall not be subject to any refund in the event the underlying loan contract is prepaid in full provided that the loan originator, broker or lender gives the following disclosure to the loan applicant in writing: not later than three (3) business days after the application is received. “Notice regarding nonrefundability of loan fees: You have received a good faith estimate of fees and charges showing the loan fees and similar charges you are likely to pay to obtain this loan. As provided in § 34-23-6, none of these or other fees and charges will be refunded in the event the loan is prepaid in whole or in part.”
History of Section.
P.L. 1988, ch. 246, § 2; P.L. 2001, ch. 294, § 1; P.L. 2002, ch. 307, § 1; P.L. 2011,
ch. 344, § 1; P.L. 2011, ch. 390, § 1.
Source: official Rhode Island text · Last verified 2026-08-27
Frequently Asked Questions About Rhode Island § 34-23-6
What does Rhode Island General Laws § 34-23-6 cover?
Section 34-23-6 ("Mortgages of Real Property") is part of the Rhode Island General Laws, the codified statutory law of Rhode Island. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Rhode Island § 34-23-6?
A common citation format is "Rhode Island General Laws § 34-23-6" (Rhode Island). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Rhode Island law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Rhode Island official source linked on this page or consult a licensed Rhode Island attorney.
How does Rhode Island § 34-23-6 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Rhode Island can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Rhode Island.