Maine Statutes

§ 36 §554 — Mortgaged real estate; taxes; payment

Maine § 36 §554
JurisdictionMaine
Title 36TAXATION
Part 2PROPERTY TAXES
Ch. 105CITIES AND TOWNS

This text of Maine § 36 §554 (Mortgaged real estate; taxes; payment) 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. 36, § 36 §554 (2026).

Text

In cases of mortgaged real estate, the mortgagor, for the purposes of taxation, shall be deemed the owner, until the mortgagee takes possession, after which the mortgagee shall be deemed the owner. Any mortgagee of real estate, on which any taxes remain unpaid for a period of 8 months after the taxes are assessed, may pay such taxes, and the amount so paid together with interest and costs thereon shall become a part of the mortgage debt and shall bear interest at the same rate as the lowest rate of interest provided for in any of the notes secured by any mortgage on that real estate held by such mortgagee.

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Bluebook (online)
Maine § 36 §554, Counsel Stack Legal Research, https://law.counselstack.com/statute/me/36%20%C2%A7554.