Property Ownership
Maine's 'Uniform Commercial Code (UCC)' applies to real estate transactions when:
AAll real estate transactions in Maine
BTransactions involving personal property (fixtures, equipment) that may also be governed by real property law✓ Correct
COnly commercial real estate transactions
DTransactions involving condominium units
Explanation
The UCC governs personal property transactions. In real estate, the UCC becomes relevant when dealing with fixtures, equipment, or personal property that may be attached to real property and subject to competing claims.
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