{"data":{"id":"us-me/9-a-m.r.s.-9-305-b","jurisdiction":"us-me","citation":"9-A M.R.S. §9-305-B","heading":"Timely responses to requests for payoff figures","body":"A creditor, assignee or servicer shall respond to a request for a payoff figure within 3 business days following receipt of such a request from a consumer or an agent of the consumer for a consumer credit transaction secured by a mortgage on real estate.  The response must include a precise payoff figure as of a date certain and must contain information permitting the consumer or the consumer's agent to update that figure, such as providing a per diem rate from a date certain.  A charge may not be assessed for the first 2 requests in any calendar year, and a charge for each subsequent request may not exceed $5.","path":["TITLE 9-A: MAINE CONSUMER CREDIT CODE","PART 3: REGULATION OF AGREEMENTS AND PRACTICES"],"source_url":"https://legislature.maine.gov/statutes/9-A/title9-Asec9-305-B.html","current_through":"October 1, 2025","vintage":"","retrieved_at":"2026-09-04T15:12:24Z","sha256":"4d04c1efad6007452eb2cde8de6e8b54e231aefe96ffdecbccc4e6ce3b60ab2a","source_id":"us-me","stale":false,"prev":"us-me/9-a-m.r.s.-9-305-a","next":"us-me/9-a-m.r.s.-9-306"},"notice":"GroundRules: Original legal text. Not legal advice."}