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2012 Maine Revised Statutes
TITLE 38: WATERS AND NAVIGATION
Chapter 5: GENERAL PROVISIONS RELATING TO RIVERS AND STREAMS
38 §715. --redemption


38 ME Rev Stat § 715 (2012 through 125th Legis) What's This?

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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