Rhode Island transfer tax calculator
Rhode Island charges the real estate conveyance tax at $3.75 per $500 plus the real estate conveyance tax (residential portion above threshold) at Additional $3.75 per $500 over $824,000 (residential; indexed yearly). On a $375,000 home, that comes to $2,813. By custom, the seller pays it.
Below is every Rhode Island transfer tax rate, state, county and city, and who pays it by custom. Rates checked 2026-09-29.
Free Rhode Island seller net sheet calculator
Change any number and the local costs update.
| Real estate commission (5%) | −$18,750 |
| First mortgage payoff | −$225,000 |
| Real estate conveyance tax | −$2,813 |
| Release / satisfaction recording | −$49 |
| Title insurance and settlement | −$950 |
| Other closing fees | −$45 |
| Estimated net to seller | $127,394 |
How much is the transfer tax in Rhode Island?
On a $375,000 home, it is about $2,813 at statewide rates. The table lists the state rules, with who pays each one by custom.
| Tax | Level | Rate | Who pays by custom |
|---|---|---|---|
| Real estate conveyance tax | State | $3.75 per $500 | Seller |
| Real estate conveyance tax (residential portion above threshold)Applies: single family, condo, townhome, coop, multi familyR.I. Gen. Laws 44-25-1; $800,000 threshold indexed ($824,000 for 2026 per Advisory 2026-01, secondary). | State | Additional $3.75 per $500 over $824,000 (residential; indexed yearly) | Seller |
Who pays the transfer tax in Rhode Island?
By custom, the seller pays it. Real estate conveyance tax: paid by the seller. Real estate conveyance tax (residential portion above threshold): paid by the seller. The purchase contract can change who pays.
How does the Rhode Island transfer tax change with price?
It goes up with the price. On a $1,000,000 home, it is about $8,820 at statewide rates.
| Sale price | Seller pays | Buyer pays | Total |
|---|---|---|---|
| $250,000 | $1,875 | $0 | $1,875 |
| $375,000 typical home | $2,812.50 | $0 | $2,812.50 |
| $500,000 | $3,750 | $0 | $3,750 |
| $1,000,000 | $8,820 | $0 | $8,820 |
Are there transfer tax exemptions in Rhode Island?
Often, yes. Transfers between spouses, to a living trust, and by gift or inheritance are often exempt or taxed less. So are some first-time buyer and low-price sales. The calculator covers an ordinary home sale. Check an exemption with the title company or the county recorder before you count on it.
Sources
Checked 2026-09-29. These are estimates, not tax advice. The title or escrow company confirms the final figures.
Rhode Island transfer tax questions
How much is the transfer tax in Rhode Island?
Rhode Island charges the real estate conveyance tax at $3.75 per $500 plus the real estate conveyance tax (residential portion above threshold) at Additional $3.75 per $500 over $824,000 (residential; indexed yearly). On a $375,000 home, that comes to $2,813. By custom, the seller pays it.
Who pays the transfer tax in Rhode Island?
Real estate conveyance tax: paid by the seller. Real estate conveyance tax (residential portion above threshold): paid by the seller. The purchase contract can change who pays.
How much is the transfer tax on a $500,000 home in Rhode Island?
About $3,750 at statewide rates.
Does the buyer pay transfer tax in Rhode Island?
Not by custom. The seller usually pays the Rhode Island transfer tax.
Is the transfer tax deductible?
Not as a tax. For a seller, the transfer tax is a selling expense that lowers the gain on the sale. A buyer who pays it adds it to the home's cost basis (IRS Publications 523 and 551). Ask a tax adviser about your sale.
When is the transfer tax paid?
At closing. The title or escrow company collects it from the side that owes it. It pays the tax when the deed is recorded.
Put the real estate conveyance tax on a seller net sheet.
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