Maine § 715. - --redemption
Full text of Maine Maine Revised Statutes § 715. — --redemption, with citation guidance and answers to common questions.
§ 715.. --redemption
Any person entitled to the premises may redeem them within one year after the sale by paying to the purchaser, or the person holding under the purchaser, the sum paid therefor, with interest at the rate of 12%, deducting therefrom any rents and profits received by such purchaser, or person holding under the purchaser; and may have the same process to compel the purchaser to account as the person entitled to the premises might have had against a purchaser of an equity of redemption. [RR 2021, c. 2, Pt. B, §251 (COR).]
Frequently Asked Questions About Maine § 715.
What does Maine Revised Statutes § 715. cover?
Section 715. ("--redemption") 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 § 715.?
A common citation format is "Maine Revised Statutes § 715." (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 § 715. 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.