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Maine Promissory Note Templates (2)

A Maine promissory note is a formal ‘promise’ for a borrower of a monetary balance to reimburse a lender the loaned amount of money in addition to interest. The maximum interest rate (usury rate) that can be charged by the lender is 6%. Table of Contents By Type (2) Secured Promissory Note Unsecured Promissory Note Usury…

Maine Unsecured Promissory Note Template

A Maine unsecured promissory note brings two parties together in a legal contract requiring the borrower in the agreement to pay the lender a loaned amount of money by a predetermined due date. If the borrower fails to make payments on time, the lender is allowed to issue late fees and/or put an acceleration into…

Maine Secured Promissory Note Template

A Maine secured promissory note binds two individuals into a contract that requires one party (the borrower) to reimburse another party (the lender) an original balance plus interest. If the borrower fails to successfully pay back the loan and enters into default, the lender has the right to take the item(s) put into security. Items that…

Maine Small Estate Affidavit | Form AF 102

A Maine small estate affidavit is a document permitting an individual to file a claim on the estate of a deceased person. It is used when the deceased, also known as the decedent, has a “small estate” that is valued at less than $40,000. The individual who is filing the affidavit, or affiant, utilizes this…

Maine Last Will and Testament Template

A Maine last will and testament is a legal document in which a testator (the individual to whom the will belongs) has the ability to set forth into writing how they would like their property to be distributed among designated beneficiaries upon their death. A will allows a testator to record instructions regarding the after-death…

Maine Deed Forms

A Maine deed is used to convey real property located in Maine from one person or entity to another. The person who is selling or conveying the land is called the grantor and the person who is acquiring or purchasing the land is called a grantee. Deeds must have the name of the grantor and…

Maine Living Trust Forms – Irrevocable & Revocable

The Maine living trust form allows an individual known as a “Grantor” to specify how their assets should be dispersed by the Trustee after they die. Both Irrevocable and Revocable trusts may be used for this service with each type offering specific benefits (more on this below). Within either form, the Grantor will nominate a Trustee…

Maine Special Warranty Deed Form

A Maine special warranty deed is similar to a warranty deed in that it provides a warranty from a seller to a buyer, but unlike a warranty deed, only guarantees that the seller did not convey any interest to another during the time that the seller owned the property. However, the grantor makes no guarantees…

Maine General Warranty Deed Form

A Maine general warranty deed is used to transfer property from a seller to a buyer in the bbin电竞官网官方永久 of Maine. With a warranty deed, the seller is providing to the buyer a guarantee that the seller owns the property, that there are no other rights to any part of the property other than what is…

Maine Quit Claim Deed Form

A Maine quitclaim deed without covenant is used to convey property to a buyer from a seller but does not provide a guarantee or warranty. This means the buyer is purchasing only whatever interest the seller may or may not have in the property being sold. These types of deeds are occasionally used between family members…