A license only gives one a personal privilege to do something on the land of another. A license is not an interest in land, but is a privilege to do something on the land of another person. Upon the sale of the property, subject to the license, the license terminates unless a new license is executed. This form is an example of such an agreement.
Maine General Form of License Agreement Regarding Right to use Real Property
State:
Multi-State
Control #:
US-00998BG
Format:
Word;
Rich Text
Instant download
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How to fill out General Form Of License Agreement Regarding Right To Use Real Property?
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FAQ
Maine Adverse Possession Laws As mentioned, squatters can try to take legal ownership of a property if they have lived there for a long period. Unlike other states, Maine requires proof of at least 20 years of continuous occupancy to legitimately claim adverse possession.
To be able to record the deed, it must be accompanied by a transfer tax form and payment of transfer tax. Transfer tax rate in Maine is ?$2.20 per $500 or fractional part of $500 of the value of the property being transferred.? Further, transfer tax is imposed 50/50 on both the grantor and grantee.
Maine does not have any specific reciprocal licensing agreements, but it does allow anyone who is a current inactive real estate license holder and another state to apply and be issued a license once they meet certain requirements.
In certain cases the following are exempt from the tax: (1) governmental entities; (2) mortgage deeds; (3) deeds affecting a previous deed; (4) deeds between certain family members; (5) tax deeds; (6) deeds of partition; (7) deeds pursuant to mergers or consolidations of business entities; (8) deeds by subsidiary ...
ofway easement grants the holder only the rights as stated in the express easement or granted by court order. Typically the right is simply to cross over the land of another. The easement holder does not have the right to change the nature or location of the rightofway.