§ 24-1-7 - Payment of agreed price. - Rhode-island Statutes

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Statutes > Rhode-island > Title-24 > Chapter-24-1 > 24-1-7

SECTION 24-1-7

§ 24-1-7 Payment of agreed price. –If any party shall agree with the city or town council upon the price to bepaid for the value of the land or other real property so taken and ofappurtenant damage to any remainder or for the value of the party's estate,right or interest therein, the court, upon application of the parties ininterest, may order that the sum agreed upon be paid forthwith from the moneydeposited, as the just compensation to be awarded in the proceedings; provided,however, that no payment shall be made to any official or employee of the cityor town for any property or interest therein acquired from an official oremployee unless the amount of the payment is determined by the court toconstitute just compensation to be awarded in the proceedings.

State Codes and Statutes

Statutes > Rhode-island > Title-24 > Chapter-24-1 > 24-1-7

SECTION 24-1-7

§ 24-1-7 Payment of agreed price. –If any party shall agree with the city or town council upon the price to bepaid for the value of the land or other real property so taken and ofappurtenant damage to any remainder or for the value of the party's estate,right or interest therein, the court, upon application of the parties ininterest, may order that the sum agreed upon be paid forthwith from the moneydeposited, as the just compensation to be awarded in the proceedings; provided,however, that no payment shall be made to any official or employee of the cityor town for any property or interest therein acquired from an official oremployee unless the amount of the payment is determined by the court toconstitute just compensation to be awarded in the proceedings.

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State Codes and Statutes

Statutes > Rhode-island > Title-24 > Chapter-24-1 > 24-1-7

SECTION 24-1-7

§ 24-1-7 Payment of agreed price. –If any party shall agree with the city or town council upon the price to bepaid for the value of the land or other real property so taken and ofappurtenant damage to any remainder or for the value of the party's estate,right or interest therein, the court, upon application of the parties ininterest, may order that the sum agreed upon be paid forthwith from the moneydeposited, as the just compensation to be awarded in the proceedings; provided,however, that no payment shall be made to any official or employee of the cityor town for any property or interest therein acquired from an official oremployee unless the amount of the payment is determined by the court toconstitute just compensation to be awarded in the proceedings.