Maine § 2-304. - Price payable in money, goods, realty or otherwise

Full text of Maine Maine Revised Statutes § 2-304. — Price payable in money, goods, realty or otherwise, with citation guidance and answers to common questions.

§ 2-304.. Price payable in money, goods, realty or otherwise

(1).  The price can be made payable in money or otherwise. If it is payable in whole or in part in goods, each party is a seller of the goods which he is to transfer.

(2).  Even though all or part of the price is payable in an interest in realty, the transfer of the goods and the seller's obligations with reference to them are subject to this Article, but not the transfer of the interest in realty or the transferor's obligations in connection therewith.

Source: official Maine text · Last verified 2026-08-27

Frequently Asked Questions About Maine § 2-304.

What does Maine Revised Statutes § 2-304. cover?

Section 2-304. ("Price payable in money, goods, realty or otherwise") is part of the Maine Revised Statutes, the codified statutory law of Maine. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Maine § 2-304.?

A common citation format is "Maine Revised Statutes § 2-304." (Maine). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Maine law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maine official source linked on this page or consult a licensed Maine attorney.

How does Maine § 2-304. apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maine can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Maine.