Section 44-5-20.2 Pawtucket - Property tax classification

Section 44-5-20.2 Pawtucket - Property tax classification - List of ratable property.

RI Gen L § 44-5-20.2 (2019) (N/A)

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§ 44-5-20.2. Pawtucket - Property tax classification - List of ratable property. (a) Under the system of classification of taxable property adopted by the city of Pawtucket, all ratable property in the city of Pawtucket shall be classified by the assessor as follows:

(1) Class-1: all residential real estate, which consists of not more than five (5) dwelling units and all residential real estate that consists of six (6) dwelling units in which at least one unit is owner-occupied. Class 1 includes all mobile/manufactured homes;

(2) Class 2: all commercial and industrial real estate and all residential real estate which consists of six (6) dwelling units in which no units are owner-occupied and all residential real estate which consists of more than six (6) dwelling units;

(3) Class 3: all ratable tangible personal property;

(4) Class 4: all motor vehicles and trailers subject to the excise tax created by chapter 34 of this title.

(b) Where real property is used or held for more than one purpose and the uses result in different classifications, the assessor shall allocate to each classification the percentage of true and fair cash value to the property devoted to each use.

History of Section. (P.L. 1984, ch. 11, § 1; P.L. 2000, ch. 38, § 1.)

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Section 44-5-20.3 Pawtucket - Property tax classification - Duties of assessor and finance director.