§ 44-5.1-1 Purpose. – (a) There are numerous vacant and abandoned properties throughout the citiesand towns of Rhode Island.
(b) The existence of vacant and abandoned properties within acity or town contributes to the deterioration of its viable real estate.
(c) Vacant and abandoned properties sometimes place a greaterdemand on essential city or town services such as police and fire protectionthan do occupied properties comparably assessed for real estate tax purposes.
(d) The owners of vacant and abandoned properties do notalways contribute a fair share of the costs of providing the foregoingessential city or town services financed in part by real estate tax revenues,which revenues are solely based on the assessed value of properties.
(e) Some properties are deliberately left vacant by theirowners in the hope that real estate values will increase, thereby enabling theowners to sell these properties at a substantial profit without making any ofthe required repairs or improvements to the property.
(f) The nonutilization of property whether for profitspeculation, tax benefit, or any other purposes is the making use of thatproperty and as such, is a privilege incident to the ownership of the property.
(g) Owners of vacant properties must be encouraged to use theproperties in a positive manner to stop the spread of deterioration and toincrease the stock of viable real estate within a city or town.
(h) Owners of vacant and abandoned properties must berequired, through a city's or town's power to tax, to pay a fair share of thecost of providing certain essential city or town services.
§ 44-5.1-1 Purpose. – (a) There are numerous vacant and abandoned properties throughout the citiesand towns of Rhode Island.
(b) The existence of vacant and abandoned properties within acity or town contributes to the deterioration of its viable real estate.
(c) Vacant and abandoned properties sometimes place a greaterdemand on essential city or town services such as police and fire protectionthan do occupied properties comparably assessed for real estate tax purposes.
(d) The owners of vacant and abandoned properties do notalways contribute a fair share of the costs of providing the foregoingessential city or town services financed in part by real estate tax revenues,which revenues are solely based on the assessed value of properties.
(e) Some properties are deliberately left vacant by theirowners in the hope that real estate values will increase, thereby enabling theowners to sell these properties at a substantial profit without making any ofthe required repairs or improvements to the property.
(f) The nonutilization of property whether for profitspeculation, tax benefit, or any other purposes is the making use of thatproperty and as such, is a privilege incident to the ownership of the property.
(g) Owners of vacant properties must be encouraged to use theproperties in a positive manner to stop the spread of deterioration and toincrease the stock of viable real estate within a city or town.
(h) Owners of vacant and abandoned properties must berequired, through a city's or town's power to tax, to pay a fair share of thecost of providing certain essential city or town services.
§ 44-5.1-1 Purpose. – (a) There are numerous vacant and abandoned properties throughout the citiesand towns of Rhode Island.
(b) The existence of vacant and abandoned properties within acity or town contributes to the deterioration of its viable real estate.
(c) Vacant and abandoned properties sometimes place a greaterdemand on essential city or town services such as police and fire protectionthan do occupied properties comparably assessed for real estate tax purposes.
(d) The owners of vacant and abandoned properties do notalways contribute a fair share of the costs of providing the foregoingessential city or town services financed in part by real estate tax revenues,which revenues are solely based on the assessed value of properties.
(e) Some properties are deliberately left vacant by theirowners in the hope that real estate values will increase, thereby enabling theowners to sell these properties at a substantial profit without making any ofthe required repairs or improvements to the property.
(f) The nonutilization of property whether for profitspeculation, tax benefit, or any other purposes is the making use of thatproperty and as such, is a privilege incident to the ownership of the property.
(g) Owners of vacant properties must be encouraged to use theproperties in a positive manner to stop the spread of deterioration and toincrease the stock of viable real estate within a city or town.
(h) Owners of vacant and abandoned properties must berequired, through a city's or town's power to tax, to pay a fair share of thecost of providing certain essential city or town services.
