Document Updates: Rhode Island Notification to Buyers of Witholding Tax Requirement (Cx1028)

After review of Rhode Island Notification to Buyer(s) of Withholding Tax Requirement, Cx1028, we were unable to find a reason or requirement for a lender’s signature. In the interest of simplifying the document, we have removed the lender’s signature line generically. We have also updated the citation on the form from R.I. Code R. 60-1-140:1 to the updated citation of 280-RICR- 20-10-1.11.

These changes will go into effect on September 1, 2023. If you have any questions or concerns about these changes, please contact Client Support at 1.800.497.3584.

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The preceding is for informational purposes only and is not and may not be construed as legal advice. No third party entity may rely upon anything contained herein when making legal and/or other determinations regarding its practices, and such third party should consult with an attorney prior to embarking upon any specific course of action.