§3021. Lien on insured real estate

Link to law: http://legislature.maine.gov/legis/statutes/24-A/title24-Asec3021.html
Published: 2015

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§3021. Lien on insured real estate

Any fire insurer shall have a lien against the insured, on the buildings insured and
the land appurtenant thereto, for the amount at any time due on the note referred
to in section 3020, to commence from the time of the recording of the same, and to
continue 60 days after the expiration of the policy on which such note is given, if
the insurer causes a certificate of its claim to such lien, signed by the secretary,
to be recorded by the register of deeds for the county or district. During the pendency
of such lien, an attachment of such property, in a civil action on the note in favor
of the insurer, has priority of all other attachments or claims. Execution, when
recovered, may be levied on it accordingly. [1969, c. 132, §1 (NEW).]


1969, c. 132, §1 (NEW).