Maine § 14 §2253 Redemption of property by creditor seizing right; repayment from proceeds of sale

Maine Statutes

§ 14 §2253 — Redemption of property by creditor seizing right; repayment from proceeds of sale

Maine § 14 §2253

Title 14COURT PROCEDURE -- CIVIL

Part 4PROCEEDING AFTER VERDICT OR JUDGMENT

Ch. 403TITLE TO REAL ESTATE BY LEVY OF EXECUTION

This text of Maine § 14 §2253 (Redemption of property by creditor seizing right; repayment from proceeds of sale) is published on Counsel Stack Legal Research, covering Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Me. Rev. Stat. tit. 14, § 14 §2253 (2026).

Text

When a creditor has seized on execution a right that would expire within 60 days, to redeem from a mortgage, sale or levy on execution, he may pay or tender to the person entitled thereto the amount which the debtor would have to pay to redeem the same. The officer selling such right shall first pay from the proceeds of sale the amount so paid by the creditor with interest, unless the debtor has paid it. The residue, if any, shall be applied in satisfaction of the execution.

Free access — add to your briefcase to read the full text and ask questions with AI

When a creditor has seized on execution a right that would expire within 60 days, to redeem from a mortgage, sale or levy on execution, he may pay or tender to the person entitled thereto the amount which the debtor would have to pay to redeem the same. The officer selling such right shall first pay from the proceeds of sale the amount so paid by the creditor with interest, unless the debtor has paid it. The residue, if any, shall be applied in satisfaction of the execution.