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36 chapters · 499 sections in this title.
33 M.R.S. § 121 Definitions
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As used in this chapter, unless the context otherwise indicates, the following terms have the following meanings. [PL 1991, c. 373 (NEW).] 1. Affordable housing covenant. "Affordable housing covenant" means any agreement among one or more owners, one or more tenants of residentia…
33 M.R.S. § 122 Creation; conveyance; acceptance; duration
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1. Affordable housing covenant. Except as otherwise provided in this chapter, an affordable housing covenant may be created, conveyed, recorded, assigned, released, modified, terminated or otherwise altered or affected in the same manner as other covenants created by written inst…
33 M.R.S. § 123 Judicial actions
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1. Owners; qualified holders. An action affecting an affordable housing covenant may be brought or intervened in by: A. An owner of an interest in the real property burdened by the covenant; or [PL 1991, c. 373 (NEW).] B. A qualified holder of the benefit of the affordable housin…
33 M.R.S. § 124 Scope of affordable housing covenant
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An affordable housing covenant may include any of the following agreements affecting residential real estate: [PL 1991, c. 373 (NEW).] 1. Resale price of residential real estate. To limit the resale price of residential real estate; 2. Amount of equity appreciation. To limit the …