Maine Revised Statutes

Me. Rev. Stat. tit. 14, § 6203-D (2026)

Limitation of actions

✓ current as of May 2026
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Actions on mortgage notes, whether witnessed or not, or on other obligations to pay a debt secured by a mortgage of real estate, to recover judgments for deficiencies after foreclosure by sale under a power contained in the mortgage, and actions on such notes or other obligations that are subject to a prior mortgage, to recover the amount due thereon after the foreclosure sale of such prior mortgage under the power contained therein, must, except as otherwise provided, be commenced within 2 years after the date of delivery of the deed to the purchaser or the purchaser's agent or, if the principal of the note or other obligation does not become payable until after the date of delivery of the deed to the purchaser or the purchaser's agent, then within 2 years after the time when the cause of action for the principal accrues.   [PL 2015, c. 147, §3 (AMD).]
SECTION HISTORY
PL 1967, c. 424, §2 (NEW). PL 2015, c. 147, §3 (AMD).
Notes of Decisions
Cited in 2 cases, 1985–1993 · leading case: Brickyard Assocs. v. Auburn Venture Partners, 626 A.2d 930 (Me. 1993).
Brickyard Assocs. v. Auburn Venture Partners, 626 A.2d 930 (Me. 1993). “Auburn Venture Partners AVP contends that Brickyard’s delay in filing the report of public sale bars the court’s approval of the report.”
United States v. Hanson, 649 F. Supp. 100 (D. Me. 1985). · cites it 2× “They also assert that 1) plaintiffs complaint fails to state a claim upon which relief can be granted; 2) plaintiffs action is time barred under 14 M.R.S.A. § 6203-D; 3) the defendants did not receive notice of the foreclosure sale as required by 14 M.”
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