§151-A. Definitions As used in this chapter: [PL 1969, c. 433, §94 (NEW).] 1. Minor. “Minor” means any person who has not attained the age of 18 years. [PL 1971, c. 598, §84 (AMD).] SECTION HISTORY PL 1969, c. 433, §94 (NEW). PL 1971, c. 598, §84 (AMD).
§151. Items covered by deed A person owning real estate and having a right of entry into it, whether seized of it or not, may convey it or all his interest in it, by a deed to be acknowledged and recorded as provided in this chapter. Down trees lying on land at the time of […]
§152. Contingent estates When a contingent remainder, executory devise or estate in expectancy is so limited to a person that it will, in case of his death before the happening of such contingency, descend in fee simple to his heirs, he may before it happens convey or devise it subject to the contingency.
§153. Sale or mortgage of estates subject to contingent remainders 1. Sale or mortgage. When real estate is subject to a contingent remainder, executory devise or power of appointment, the Superior Court, the District Court or the Probate Court for the county or district in which the real estate is situated may, upon the petition […]
§154. — notice; appointment of next friend of minors Notice of any such petition shall be given in such manner as the court may order to all persons who are or may become interested in the real estate to which the petition relates, and to all persons whose issue, not in being, may become interested […]
§155. — bond of trustees; disposal of proceeds of sale Every trustee appointed under section 153 shall give bond in such form and for such an amount as the court appointing him may order, and he shall receive and hold, invest or apply the proceeds of any sale or mortgage made by him for the […]
§156. Entailments barred by conveyance in fee simple A person seized of land as a tenant in tail may convey it in fee simple. When a minor is so seized of land, his guardian, duly licensed to sell it for his support and education or to invest the proceeds for his benefit, may convey it […]
§157. Conveyance of greater estate, conveys only interest owned A conveyance of a greater estate than he can lawfully convey, made by a tenant for life or years, will pass what estate he has and will not work a forfeiture, and no expectant estate can be defeated by any act of the owner of the […]
§158. Conveyance for life and to heirs in fee A conveyance or devise of land to a person for life and to his heirs in fee, or by words to that effect, shall be construed to vest an estate for life only in the first taker and a fee simple in his heirs.
§159. Conveyances to 2 or more persons Conveyances not in mortgage and devises of land to 2 or more persons create estates in common, unless otherwise expressed. Deeds in which 2 or more grantees anywhere in the conveyances are named as joint tenants or named as having the right of survivorship or that otherwise indicate […]
§160. — mortgage or trust When real estate is conveyed in mortgage or in trust to 2 or more persons, with power to appoint a successor to one deceased, it is held in joint tenancy unless otherwise expressed. When one or more of the trustees, by death or otherwise, is divested of his interest, those […]
§161. Quitclaim or release A deed of release or quitclaim of the usual form conveys the estate which the grantor has and can convey by a deed of any other form. A joint deed of husband and wife conveys her estate in which the husband has an interest.
§162. No estate greater than tenancy at will unless by writing There can be no estate created in lands greater than a tenancy at will, and no estate in them can be granted, assigned or surrendered unless by some writing signed by the grantor or maker or his attorney.
§163. Private transfer fee obligations void and unenforceable 1. Definitions. As used in this section, unless the context otherwise indicates, the following terms have the following meanings. A. “Private transfer fee” means a fee or charge payable upon the transfer of an interest in real property, or payable for the right to make or […]
