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ME LD1027
Bill
AI Summary
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Amends Maine law (33 MRSA §1023) governing relief for elderly dependent persons whose property was transferred through undue influence
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Courts must now award reasonable attorney's fees and costs to be paid by the person who exercised undue influence or by any transferee who paid less than full consideration
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Available court remedies include rescission or reformation of deeds, imposition of constructive trusts, injunctions, and orders commanding return of property
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Protections remain in place for good faith purchasers, mortgagees, and third parties who obtained interests in the transferred property for value
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Signed into law as Public Law Chapter 279 on June 12, 2025
Legislative Description
An Act to Strengthen the Law Regarding Relief for Improvident Transfers of Title
Real Estate
Last Action
PASSED TO BE ENACTED, in concurrence.
6/9/2025