2009 Rhode Island Code
Title 44 - Taxation
CHAPTER 44-4.1 - Historic Residence – Tax Credit
§ 44-4.1-5 - Restrictive covenant required.
SECTION 44-4.1-5
§ 44-4.1-5 Restrictive covenant required. – No historic residence, or historic commercial structure, maintained or rehabilitated may benefit from the provisions of this chapter unless the owner of the historic residence, or historic commercial structure, grants a restrictive covenant to the commission, agreeing that the historic residence, or historic commercial structure, shall retain its use and be maintained in a manner which preserves the historic character of the historic residence or historic commercial structure's rehabilitated portions historic character for a period equal to the length of the property tax reduction or until title to the property is transferred.
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