# R.I. Gen. Laws § 9-26-9: Proceeds of sale of mortgaged property

> Rhode Island · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_RI_T9_C9-26_S9-26-9

## Section

- **Citation:** R.I. Gen. Laws § 9-26-9
- **Heading:** Proceeds of sale of mortgaged property
- **Jurisdiction:** Rhode Island
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** RI Code / Title 9 / Chapter 9-26 / Section 9-26-9

## Text

The proceeds of the sale shall be applied to the payment of the amount due on the mortgage, with such deduction for interest for the anticipated payment, or allowance for damages for such anticipated payment, as may be ascertained and allowed by the court to which the execution is returnable, and the balance shall be applied to the payment of the amount due on the execution.

## Nearby sections

- [R.I. Gen. Laws § 9-26-1 § 9-26-1. €œTrustee€ defined.](https://www.frixlaw.com/law-library/statutes/STATE_RI_T9_C9-26_S9-26-1.md)
- [R.I. Gen. Laws § 9-26-2 § 9-26-2. Duty to execute and return writs.](https://www.frixlaw.com/law-library/statutes/STATE_RI_T9_C9-26_S9-26-2.md)
- [R.I. Gen. Laws § 9-26-3 § 9-26-3. Body of deceased person exempt.](https://www.frixlaw.com/law-library/statutes/STATE_RI_T9_C9-26_S9-26-3.md)
- [R.I. Gen. Laws § 9-26-4 § 9-26-4. Property exempt from attachment.](https://www.frixlaw.com/law-library/statutes/STATE_RI_T9_C9-26_S9-26-4.md)
- [R.I. Gen. Laws § 9-26-4.1 § 9-26-4.1. Homestead estate exemption.](https://www.frixlaw.com/law-library/statutes/STATE_RI_T9_C9-26_S9-26-4.1.md)
- [R.I. Gen. Laws § 9-26-5 § 9-26-5. Exemption of police and firefighters€™ pensions €” Assignments invalid.](https://www.frixlaw.com/law-library/statutes/STATE_RI_T9_C9-26_S9-26-5.md)
- [R.I. Gen. Laws § 9-26-6 § 9-26-6. Setoff of executions.](https://www.frixlaw.com/law-library/statutes/STATE_RI_T9_C9-26_S9-26-6.md)
- [R.I. Gen. Laws § 9-26-7 § 9-26-7. Mortgaged personal property.](https://www.frixlaw.com/law-library/statutes/STATE_RI_T9_C9-26_S9-26-7.md)
- [R.I. Gen. Laws § 9-26-8 § 9-26-8. Sale of mortgaged property.](https://www.frixlaw.com/law-library/statutes/STATE_RI_T9_C9-26_S9-26-8.md)
- [R.I. Gen. Laws § 9-26-9 § 9-26-9. Proceeds of sale of mortgaged property.](https://www.frixlaw.com/law-library/statutes/STATE_RI_T9_C9-26_S9-26-9.md)
- [R.I. Gen. Laws § 9-26-10 § 9-26-10. Redemption of mortgaged property by plaintiff in execution.](https://www.frixlaw.com/law-library/statutes/STATE_RI_T9_C9-26_S9-26-10.md)
- [R.I. Gen. Laws § 9-26-11 § 9-26-11. Attachment void unless mortgage redeemed or property sold.](https://www.frixlaw.com/law-library/statutes/STATE_RI_T9_C9-26_S9-26-11.md)
- [R.I. Gen. Laws § 9-26-12 § 9-26-12. Retention of goods levied on by officer €” Perishable goods.](https://www.frixlaw.com/law-library/statutes/STATE_RI_T9_C9-26_S9-26-12.md)
- [R.I. Gen. Laws § 9-26-13 § 9-26-13. Sale at auction €” Surplus proceeds.](https://www.frixlaw.com/law-library/statutes/STATE_RI_T9_C9-26_S9-26-13.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_RI_T9_C9-26_S9-26-9. Check the current official text before relying on it. Not legal advice.