Finance
What is the Rhode Island Realty Transfer Tax rate?
A$1.00 per $500 of consideration
B$2.30 per $500 of consideration✓ Correct
C$3.30 per $500 of consideration
D$5.00 per $500 of consideration
Explanation
Rhode Island's Realty Transfer Tax is $2.30 per $500 (or fraction thereof) of consideration paid for real property. Some municipalities may impose additional local transfer taxes.
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