{"data":{"id":"us-me/33-m.r.s.-525","jurisdiction":"us-me","citation":"33 M.R.S. §525","heading":"Duty of settlement agent","body":"The settlement agent shall cause recordation of any deed, mortgage or other documents required to be recorded and shall cause disbursement of settlement proceeds within 2 business days of settlement or, when any right of rescission applies pursuant to the federal Truth-in-Lending Act, 15 United States Code, Section 1601 et seq. or the state truth-in-lending provisions, Title 9‑A, Article 8‑A, as applicable, at the time that the settlement agent reasonably determines that such right of rescission has not been exercised.","path":["TITLE 33: PROPERTY","CHAPTER 9: MORTGAGES OF REAL PROPERTY","SUBCHAPTER 1-A: FUNDED SETTLEMENT ACT"],"source_url":"https://legislature.maine.gov/statutes/33/title33sec525.html","current_through":"October 1, 2025","vintage":"","retrieved_at":"2026-09-04T15:12:39Z","sha256":"2c4d3346726ebaec062a222c387854a321bf58fe14758eb95d2f762b6b2d59d7","source_id":"us-me","stale":false,"prev":"us-me/33-m.r.s.-524","next":"us-me/33-m.r.s.-526"},"notice":"GroundRules: Original legal text. Not legal advice."}