Category Archives: MEREDA Resources

Lead Paint and Drinking Water in Maine – Now Under Even More Scrutiny, with More Enforcement and Liability Issues Coming

Ken Gray and Dixon Pike, Pierce Atwood LLP Lead paint is a well-known problem for older homes, and lead in residential drinking water from historic plumbing is also a recognized issue in Maine.  Lead can be a serious problem if … Continue reading

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3 Ways to a Faster Commercial Mortgage Loan Decision

By Aaron Cannan | Senior VP, Commercial Services Officer, Katahdin Trust When you want to make a real estate investment or re-visit your existing financing, the last thing you want to do is spend your time waiting for a lenders … Continue reading

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The First Regular Session of the 127th Legislature was exciting and eventful. Read on for a review of the highlights.

By Andrea Cianchette Maker, Government Relations Attorney, Pierce Atwood LLP, and Public Policy Counsel to MEREDA Governor Elected with a Strong Vote Last November Governor LePage was re-elected by a larger margin than expected, securing his second term which started … Continue reading

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The Role of the Real Estate Appraiser

By Mark L. Plourde, MAI, Maine Valuation Company What is the role of the real estate Appraiser in a purchase and sale transaction? Why isn’t the contract price used as the measure of market value? Well, for starters, one proposed … Continue reading

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The Lead Poisoning Control Act: What it Means for Maine Landlords

Jonathan P. Hunter, Attorney, Rudman Winchell Over eighty percent of all homes built prior to 1978 contain lead-based paint.  The Lead Poisoning Control Act, 22 M.R.S. §§ 1314-1329, originally enacted in 1973, attempts to address the health hazards posed by … Continue reading

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An Increase in the MEREDA Index Provides Encouragement for the Real Estate Development Community

The MEREDA Index is the leading way our industry tracks changes in Maine’s real estate markets. It’s a composite of nine measures reflecting activity in both new development and existing properties, in commercial and residential markets, as well as construction … Continue reading

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Real Estate Tip: Buyers’ Blues

Rick Smith, Bernstein Shur’s Real Estate Practice Group and Green Building Team Buyer beware is an old warning. A recent title insurance case reminds us just how wary a buyer must be, even in 2015. In the case of IQ Holdings, … Continue reading

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Appraising Real Estate in Maine – Important Regulatory Information

By Mark L. Plourde, MAI, Maine Valuation Company The Maine Board of Real Estate Appraisers (MBREA) was established to protect the public through examination and licensure of persons who wish to conduct real estate appraisals for a fee in the … Continue reading

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Donating Real Estate to Charity

Daniel Burke, Attorney, Rudman Winchell Donating real estate to a charitable organization can benefit both the charity and the donor.  The tax laws provide several methods for donation of real estate, both during a donor’s life  or through bequests under … Continue reading

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The Outlook for Maine’s Economy is Bright

As a key economic indicator for Maine, the MEREDA Index measures the pulse of the state’s real estate industry. The MEREDA Index is the leading way our industry tracks changes in Maine’s real estate markets. It’s a composite of nine … Continue reading

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