79 chapters · 983 sections in this title.
14 M.R.S. § 6203-E Liability for deficiency on sale; necessity of notice; form; affidavit
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No action for a deficiency may be brought by the holder of the mortgage note or other obligation secured by mortgage of real estate after foreclosure by exercise of the power of sale, unless a notice in writing of the mortgagee's intention to foreclose the mortgage has been serve…
14 M.R.S. § 6203-F Foreclosure of bond for deed and contracts for sale of real estate
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1. Foreclosure procedure. If the purchaser of real estate under a contract for the sale of real estate, including a bond for a deed, is in default of any of the terms of that contract, the seller or the seller's heirs or assigns may foreclose the rights of the purchaser in the co…
14 M.R.S. § 6203-G Assignment of mortgage
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The assignment of a mortgage by a foreclosing mortgagee at any time during the foreclosure process does not affect the validity of the foreclosure. Upon the recording of the assignment of mortgage in the registry of deeds where the land lies, the assignee of the mortgage may comp…
14 M.R.S. § 6203-H Option contract for purchase of real property or rent-to-own real property
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1. Definitions. As used in this section, unless the context otherwise indicates, the following terms have the following meanings. A. "Option contract for the purchase of real property or rent-to-own real property" means an agreement for the occupancy of purchaser-occupied residen…