Property Ownership
A Maine coastal property owner's rights to the shoreline extend to:
AThe low water mark✓ Correct
BThe mean high water mark (generally)
CThree miles offshore
D12 miles offshore (exclusive economic zone)
Explanation
In Maine, unlike most states, private coastal property owners may own to the low water mark (not just to the high water mark). The public retains rights for fishing, fowling, and navigation.
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Key Terms to Know
Joint Tenancy
Co-ownership where two or more people hold equal, undivided interests with the right of survivorship — when one owner dies, their share passes to the surviving owners.
Eminent DomainThe power of government to take private property for public use, with the requirement to pay the owner just compensation.
Deed of TrustA security instrument used in many states instead of a mortgage, involving three parties: borrower (trustor), lender (beneficiary), and a neutral trustee.
DeedA written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
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