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What statutes govern Maine foreclosures?

April 26, 2017Bank Foreclosures Foreclosures govern home foreclosures hud foreclosures Maine statutes

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What statutes govern Maine foreclosures?

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The laws that govern Maine foreclosures are found in Maine Revised Statutes, Title 14, part 4, Chapter 403 (Title to Real Estate by Levy and Execution). http://janus.state.me.us/legis/statutes/14/title14ch403sec0.html Power of sale provisions related to non-residential mortgages is found in Title 33 (Mortgages of Real Property), Chapter 9, §501-§553A. http://janus.state.me.us/legis/statutes/33/title33ch9sec0.