Me. Stat. tit. 33 § 525

Current through 131st (2023-2024) Legislature Chapter 684
Section 525 - Duty of settlement agent

The settlement agent shall cause recordation of any deed, mortgage or other documents required to be recorded and shall cause disbursement of settlement proceeds within 2 business days of settlement or, when any right of rescission applies pursuant to the federal Truth-in-Lending Act, 15 United States Code, Section 1601 et seq. or the state truth-in-lending provisions, Title 9-A, Article 8-A, as applicable, at the time that the settlement agent reasonably determines that such right of rescission has not been exercised. [2011, c. 427, Pt. D, §24(AMD).]

33 M.R.S. § 525

Amended by 2011, c. 427,§ D-24, eff. 9/28/2011.
1999, c. 145, § 1 (NEW) .