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Maine Promissory Note Templates

The Maine promissory note templates are formal ‘promises’ for a borrower of a monetary balance to reimburse a lender the loaned amount of money in addition to interest. The interest rate (also called “usury rate”) that is used for the agreement needs to be legal in the state of Maine, and can be found at Me. Rev….

Maine Unsecured Promissory Note Template

The Maine unsecured promissory notes bring 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 effect. This…

Maine Secured Promissory Note Template

The 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 are…

Maine Small Estate Affidavit | Collection of Personal Property Affidavit

The Maine small estate affidavit, also known as the ‘Collection of Personal Property Affidavit’, is used in the event that a person dies with $40,000 or less in assets in their estate. It is useful because it limits the time consuming and complicated probate process for small estates and allows the family to move forward…

Maine Last Will and Testament Template

A Maine Last Will and Testament is an essential 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 for their property to be distributed among designated beneficiaries upon the testator’s death. A will allows a testator to record instructions regarding…

Maine Deed Forms

The Maine deeds are 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

The Maine special warranty deed is similar to a warranty deed in that it provides a warranty running from the seller or grantor to the buyer, or grantee. However, unlike a warranty deed, it only guarantees that grantor did not convey any interest to another during the time that the grantor owned the property. However,…

Maine General Warranty Deed Form

A Maine general warranty deed is used to transfer property from a seller to a buyer or a grantor to a grantee. With a warranty deed, the seller is providing to the buyer a guarantee that the seller owns the property and that there are no other rights to any part of the property, other than…

Maine Quit Claim Deed Form

The Maine quitclaim deed without covenant is used to convey property to a buyer from a seller with no guarantee or warranty whatsoever. 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 or from a…