My question involves real estate located in the State of: Maine
In 2004 I had a building quit-claimed to me from the municipality. At that time my father had owned the building and the City had forclosed on the property due to delinquent property taxes. (This is a commercial, multi-family)
It is my understanding that a municipal tax foreclosure causes the deed to be cleared of mortgages and other liens, as these lien holders were also responsible for the property taxes should the owner default. Is this true?
If so, how does one go about releasing such mortgages from the title?
I have had two different real estate attorneys attempt to contact the first mortgage holder and we have had no response in 2 years. I believe the company may have gone belly up but I am not sure of this.
If you have any questions please ask and I will answer them to the best of my ability.