Maine Revised Statutes > Title 24-A > Chapter 41 > Subchapter 3 – Lien of Mortgagees On Policies
Current as of: 2023 | Check for updates
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Other versions
| § 3030 | Lien established; application of payments |
| § 3031 | Enforcement of lien |
| § 3032 | Application of amount recovered |
| § 3033 | Priority of mortgagees |
| § 3034 | Mortgagee’s policy void, unless consented to |
Terms Used In Maine Revised Statutes > Title 24-A > Chapter 41 > Subchapter 3 - Lien of Mortgagees On Policies
- Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
- Lien: A claim against real or personal property in satisfaction of a debt.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Mortgagee: The person to whom property is mortgaged and who has loaned the money.
- Mortgagor: The person who pledges property to a creditor as collateral for a loan and who receives the money.
- Personal property: All property that is not real property.
- Plaintiff: The person who files the complaint in a civil lawsuit.
- Real estate: includes lands and all tenements and hereditaments connected therewith, and all rights thereto and interests therein. See Maine Revised Statutes Title 1 Sec. 72
- Trustee: A person or institution holding and administering property in trust.