At the time of the first conveyance of each unit, every mortgage and other lien affecting such unit, including the percentage of undivided interest of the unit in the common areas and facilities, shall be paid and satisfied of record, or the apartment being conveyed and its percentage of undivided interest in the common areas and facilities shall be released therefrom by partial release duly recorded.
Me. Rev. Stat. tit. 33, § 572
Mortgage and liens affecting a unit at time of first conveyance
Known as the Unit Ownership Act
The act spans §§ 560 to 589-C (34 sections).
PL 1965, c. 357 (NEW).
Official source: Maine Legislature. Reproduced from public-domain Maine statutes; confirm against the official source for the current text. Not legal advice.