Maine

In State Info by TSL Admin


Primary Sale Type: Redeemable Tax Deed
maine
Secondary Type(s): OTC
Sale Date(s): Varies: set by taxing jurisdiction
Bid Type: Premium Bidding (whole lot) / Bidding-Down-Ownership (partial lot)
Rate of Return: 8% per annum
Redemption Period: 2 years from date of sale
Over-the-Counter: Deed
Statute Section(s): Title 36, Part 2, Chapter 105-9, Article 5
State Website: www.maine.gov

State Overview:

There are 16 counties in Maine and 433 towns. Maine often holds their sales on the municipal level.

County Directory

The two most populous areas in Maine are Cumberland (281,000+) and York (197,000+) County.

Search Demographics:

Maine is classified as a Redeemable Tax Deed state. The local Tax Collector shall sell annually at public auction, after the 1st Monday of February, all real estate on which any tax remains unpaid.

Auction Process / Redemption:

If the taxes, interest and charges are not paid, so much of the estate as is sufficient to pay the amount due therefor with interest and charges will be sold without further notice, at public auction, after the first Monday in February at the office of the tax collector or at the place where the last preceding annual municipal meeting was held. They adhear to the 'Premium Bid' system when auctioning a whole lot, but 'Bid Down Ownership' in cases where a partial lot is being offered. A Tax Deed is awarded, however it remains on file with the clerk, allowing the homeowner 2 years to redeem the deed to their property. An interest of 8% per annum accrues which the homeowner is held responsible to pay upon redemption.

State Resources:

Resource Description Instructions and Additional Information
Maine Local Government City, Town, and Village Tax Collector and Assessor information via the websites provided Use the 'county' drop-down menu to select a county, then click 'go.' You'll then be able to select any city, town, or township within the county, which will lead you to their respective tax collector and assessor departments.
Maine County Commissioners Association Contact information for all 16 County Treasurers in Maine NA