Client AlertsReal EstateRhode Island Approves 63% Increase in Real Estate Conveyance Tax in 2026 Budget
By Jay Peabody, Allison Fleet, Brian Reilly, and Madeline Ursini On June 17, 2025, the Rhode Island House of Representatives approved the state’s $13.9 billion budget for FY 2026, which includes a substantial 63% increase in the real estate transfer (conveyance) tax. Effective July 1, 2026, the transfer tax rate payable by sellers in Rhode Island will rise from...


