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36 chapters · 499 sections in this title.
33 M.R.S. § 481 Definitions
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As used in this chapter, unless the context indicates otherwise, the following terms have the following meanings. [PL 1983, c. 368 (NEW).] 1. Down payment. "Down payment" means the payment made by the purchaser to the vendor on account of the purchase price at or before the time …
33 M.R.S. § 482 Minimum contents of land installment contracts; recordation
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1. Contents. A land installment contract shall be executed in duplicate and a copy of the contract shall be provided to the vendor and the purchaser. The contract shall contain at least the following provisions: A. The full names and post-office addresses of all the parties to th…
33 M.R.S. § 483 Prohibited acts
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1. Bad faith avoidance. A person may not in bad faith attempt to avoid the application of this chapter including engaging in subterfuge or designing or structuring a transaction with the purpose of evading the provisions of this chapter. 2. Survival of foreclosure. A land install…