Rhode Island executor real estate sale bonds.
From $100.
Before an executor or administrator sells or mortgages a decedent's real estate under a probate decree, Rhode Island requires a bond with surety satisfactory to the court guaranteeing the proceeds go to the purpose the court authorized (R.I. Gen. Laws § 33-19-7). The court sets the penal sum; premiums start at $100.
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How much does a Rhode Island executor real estate sale bond cost?
From $100; the exact price shows at the application once you enter your bond amount.
Three steps. One sitting.
The court has already told you the amount in its decree. From there the bond is a short application and a checkout:
Apply online
Your details, the probate court and case number, the penal sum from the decree, and an effective date. One soft credit pull, never a hard inquiry, and it never affects your score.
Pay & e-sign
Your exact premium shows before payment — the executed bond and power of attorney generate the moment you pay.
File with the probate court
The executed bond arrives by email, ready to file with the probate court that authorized the sale or mortgage. Wet-ink original mailed on request.
How a probate bond works, and what to have ready.
Why the court asks for it
A court has appointed you, or is about to, to manage someone else's money: as executor or administrator of an estate, or as a guardian or conservator. The court can require a bond before you act.
Who it protects
The estate and the people entitled to it: heirs, creditors, or the person under guardianship. If money is mishandled, they can recover the loss from the bond, up to the bond amount.
If there is a claim
The surety pays a valid claim and you repay the surety. A will can ask the court to waive the bond; the court decides.
Have these ready
- The court order or letters appointing you, or your petition if the appointment is pending
- The court and case number
- The bond amount the court set
- A summary of the assets you will control
- The will, if there is one
- Your attorney's name and contact details
What it is and who needs it.
What the bond actually guarantees
Rhode Island probate courts can authorize an executor or administrator to sell or mortgage a decedent's real estate under R.I. Gen. Laws § 33-19-3. Section 33-19-7 conditions that authority: before making the sale or mortgage, the fiduciary must give bond with a surety satisfactory to the court that the proceeds will be applied to the purposes for which the sale or mortgage was authorized.
It's a three-party arrangement: you (the principal), the surety carrier, and the probate court for the estate's beneficiaries and creditors (the obligee). This bond is separate from — and in addition to — the general fiduciary bond you gave when you were appointed; it exists specifically to follow the money the real estate produces.
It is not insurance for you — if the surety pays a claim, you repay the surety. The penal sum comes from the court, not from us, so bring the decree: we issue the exact amount it names.
You need this bond if you're
Claims, renewal, filing, and what sets the price.
If a claim is made
A court bond answers to the court and the party its order protects: if the judgment or order the bond secures is not satisfied, that party can claim against it, up to the penal sum the court set.
The surety pays a valid claim after the court rules, and you repay the surety. A court bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
File with the probate court. The executed bond arrives by email, ready to file with the probate court that authorized the sale or mortgage. Wet-ink original mailed on request.
What sets the price
From $100; your exact price appears at the application once you enter the amount.
One soft credit pull, never a hard inquiry, and it never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued instantly.
These are the actual issuing fields — your details, the court and case, the penal sum from the decree, and an effective date.
Start the application →Common questions.
Other Rhode Island bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Bond the sale and close on schedule.
From $100, exact price on the application, issued the moment you pay. Free until issued.