There Is a Newer Version
of
the Maine Revised Statutes
2011 Maine Revised Statutes
TITLE 38: WATERS AND NAVIGATION
Chapter 5: GENERAL PROVISIONS RELATING TO RIVERS AND STREAMS
38 §715. --redemption
Universal Citation:
38 ME Rev Stat § 715 (2011 through 125th Legis)
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This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
Subchapter 1: MILLS AND DAMS
Subarticle 3: ACTION FOR DAMAGES
§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 him, 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 him; and may have the same process to compel the purchaser to account as he might have had against a purchaser of an equity of redemption.
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