Maine § 123. - Judicial actions
Full text of Maine Maine Revised Statutes § 123. — Judicial actions, with citation guidance and answers to common questions.
§ 123.. Judicial actions
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 housing covenant. [PL 1991, c. 373 (NEW).]
2. State; political subdivision. An action affecting an affordable housing covenant may be intervened in by the State or a political subdivision of the State in which the real property burdened by the covenant is located.
3. Power of court. This chapter does not affect the power of a court to enforce an affordable housing covenant by injunction or proceeding in equity or to modify or terminate an affordable housing covenant in accordance with principles of law and equity. A court may deny equitable enforcement of an affordable housing covenant when it finds that a change of circumstances has rendered that covenant no longer in the public interest. If the court so finds, the court may allow damages as the only remedy in an action to enforce the affordable housing covenant.
A comparative economic test may not be used to determine under this subsection if an affordable housing covenant is in the public interest.
Frequently Asked Questions About Maine § 123.
What does Maine Revised Statutes § 123. cover?
Section 123. ("Judicial actions") 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 § 123.?
A common citation format is "Maine Revised Statutes § 123." (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 § 123. 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.