Maine Revised Statutes > Title 33 > Chapter 7 > Subchapter 5 – Timber and Woodlands
Current as of: 2023 | Check for updates
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Other versions
| § 401 | Cutting and sale of trees; order of court |
| § 402 | — proceeds invested; income appropriated |
| § 403 | — appointment of trustees; bond |
Terms Used In Maine Revised Statutes > Title 33 > Chapter 7 > Subchapter 5 - Timber and Woodlands
- Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
- Real estate: includes lands and all tenements and hereditaments connected therewith, and all rights thereto and interests therein. See Maine Revised Statutes Title 1 Sec. 72
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.