Maine Revised Statutes Title 36 — Taxation
36 M.R.S. § 558
Taxes prorated between seller and purchaser
Official textlegislature.maine.gov
A purchaser of real estate may agree with the previous owner or party to whom the real estate was formerly taxed to pay the pro rata or proportional share of taxes. Unless otherwise specified by the parties to the agreement, the taxes shall be prorated over the period of the fiscal year of the municipality in which the land is located.
Source: view the official text
In this chapter (40 sections)
- 501 · Definitions
- 502 · Property taxable; tax year
- 503 · Town taxes; legality
- 504 · Illegal assessment; recovery of tax
- 505 · Taxes; payment; powers of municipalities
- 506 · Prepayment of taxes
- 506-A · Overpayment of taxes
- 507 · Taxpayer information
- 508 · Service charges
- 551 · Real estate; defined
- 552 · -- tax lien
- 553 · -- where taxed
- 554 · Mortgaged real estate; taxes; payment
- 555 · Tenants in common and joint tenants
- 556 · Landlord and tenant
- 557 · Assessment; continued until notice of transfer
- 557-A · Assessment; unknown owner
- 558 · Taxes prorated between seller and purchaser
- 558-A · Liability for failure to pay prorated property taxes
- 559 · Deceased persons
- 560 · Bank's real estate
- 561 · Railroad buildings
- 562 · Standing wood, bark and timber; taxed to purchaser
- 563 · Forest land; policy
- 564 · Assessment
- 565 · Forestry Appeal Board
- 571 · Title
- 572 · Purpose
- 573 · Definitions
- 574 · Applicability
- 574-A · Ineligibility
- 574-B · Applicability
- 574-C · Reduction of parcels with structures; shoreland areas
- 575 · Administration; rules
- 575-A · Determining compliance with forest management and harvest plan
- 576 · Powers and duties
- 576-A · Valuation of areas other than forest land
- 576-B · Discount factor and capitalization rate
- 577 · Reduced valuation under special circumstances
- 578 · Assessment of tax