Rhode Island Interstate Real Estate Guide
Out of State Licensee (OSL) Participation in deals:
Limited Cooperative State

Rhode Island Out of State Broker Cooperation

- An out-of-state licensee can share a commission with a Rhode Island licensee, so long as out-of-state licensee does not conduct any negotiations within the state.
- An out-of-state licensee may bring a lawsuit for compensation if lawfully earned.
Rhode Island ​​Real Estate License Types
Rhode Island ​​Real Estate Exam Providers
Rhode Island ​Real Estate Waivers
Real Estate Associate Broker
​Real Estate Independent Broker
​​Real Estate Employing Broker
​Pearson VUE
None

Specific to Rhode Island Real Estate 

- Requires E&O (Agents have choices... but as with other states is available through RISC) ​ ​https://www.risceo.com/states/rhode-island/

Rhode Island Reverse Reciprocity

​These states specifically mention Rhode Island in their Reciprocity: 
Connecticut, Massachusetts, Nevada (Salesperson Only)

These States recognize any other State licenses but may have additional requirements: 
​Alaska, Alabama, Colorado, Georgia, Idaho, Indiana, Kansas, Kentucky, Maine, Nebraska, North Carolina, South Dakota, Tennessee, Vermont, Washington

Rhode Island Real Estate Customs

Attorneys usually conduct closings, but banks and title companies may also conduct them.
Conveyance is by warranty or quitclaim deed. Mortgages are the usual security instruments.
Rhode Island uses ALTA policies and endorsements.
Buyers pay title insurance premiums and closing costs; sellers pay documentary taxes.
Property taxes are payable annually, semi-annually, or quarterly.