Rhode Island § 45-29-25 - Eminent Domain for Housing Authority Projects

§ 45-29-25. Confirmation of appraisers’ report — Use of deposit — Execution.

(a) The report of the appraisers, after being so corrected in case of an appeal as to conform to the findings on appeal, shall be confirmed, and, thereupon, execution or executions shall issue accordingly, as upon a judgment in due course of law, with interest, at the rate of six percent (6%) per annum from the date when the city became entitled to enter upon and take possession of and use the land or interest or estate in it.

(b) The balance, if any, of any sum of money in the registry of the court after the payment to any claimant objecting, of the sum of seventy-five percent (75%) of the appraised value of his or her property condemned remains in the registry of the court, subject to its further order, and shall be ordered used in satisfaction of any unpaid part of final awards, respectively, with interest and costs, to the extent required. If the balance is insufficient, then execution shall issue against the city for the deficiency. Any excess not otherwise required shall be ordered repaid to the city or the authority depositing it. To avoid conflicting executions, the court may order executions to be issued in adjusted amounts.