Maine § 4457. - Mortgagee or contractor to indicate sum due and release on payment
Full text of Maine Maine Revised Statutes § 4457. — Mortgagee or contractor to indicate sum due and release on payment, with citation guidance and answers to common questions.
§ 4457.. Mortgagee or contractor to indicate sum due and release on payment
Such person, on written demand, shall give the plaintiff a true written statement of the amount due him; and on payment or tender thereof shall release all his interest in the premises; and if he refuses, he may be compelled to do so in a civil action seeking equitable relief. Such release shall recite that under authority of this section and section 4456 the plaintiff had attached the premises and paid or tendered the amount due the grantor. The plaintiff shall thereupon hold such title in trust for the defendant, and subject to his right of redemption, without power of alienation until after one year from the termination of said action, or from the sale of the equity on any execution recovered therein.
Source: official Maine text · Last verified 2026-08-27
Frequently Asked Questions About Maine § 4457.
What does Maine Revised Statutes § 4457. cover?
Section 4457. ("Mortgagee or contractor to indicate sum due and release on payment") 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 § 4457.?
A common citation format is "Maine Revised Statutes § 4457." (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 § 4457. 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.