Maine § 1604-101. - Applicability; waiver
Full text of Maine Maine Revised Statutes § 1604-101. — Applicability; waiver, with citation guidance and answers to common questions.
§ 1604-101.. Applicability; waiver
(a) This article applies to all units subject to this Act, except as provided in subsection (b) or as modified or waived by agreement of purchasers of units in a condominium in which all units are restricted to nonresidential use. [PL 1981, c. 699 (NEW).]
(b) Neither a public offering statement nor a resale certificate need be prepared or delivered in the case of:
(1) A gratuitous disposition of a unit; [PL 1981, c. 699 (NEW).]
(2) A disposition pursuant to court order; [PL 1981, c. 699 (NEW).]
(3) A disposition by a government or governmental agency; [PL 1981, c. 699 (NEW).]
(4) A disposition by foreclosure or deed in lieu of foreclosure; [PL 1981, c. 699 (NEW).]
(5) A disposition to a person in the business of selling real estate who intends to offer those units to purchasers; or [PL 1981, c. 699 (NEW).]
(6) A disposition which may be cancelled at any time and for any reason by the purchaser without penalty. [PL 1981, c. 699 (NEW).]
Frequently Asked Questions About Maine § 1604-101.
What does Maine Revised Statutes § 1604-101. cover?
Section 1604-101. ("Applicability; waiver") 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 § 1604-101.?
A common citation format is "Maine Revised Statutes § 1604-101." (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 § 1604-101. 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.