Sagadahoc County surplus funds list
Maine · unclaimed money left over from tax deed and foreclosure sales.
Getting the Sagadahoc County list
Maine municipalities, not counties, hold tax-acquired property and its sale proceeds. Ask the tax collector, treasurer or town manager of the town where the property lies in Sagadahoc County (largest: Bath, Topsham, Bowdoinham) under the Freedom of Access Act (1 M.R.S. 408-A) for tax-acquired property sold and excess proceeds held; payment notices are recorded at the Sagadahoc County Registry of Deeds. Since LD 2003 (36 M.R.S. 943-C, 2024), a town that sells tax-acquired property must pay the former owner the excess sale proceeds after subtracting the taxes, interest, costs and sale expenses; unclaimed money goes to the Maine State Treasurer's unclaimed property program.
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Maine surplus funds rules
- Sales that create surplus
- Tax lien mortgage foreclosure (36 MRSA 942-943; Judicial mortgage foreclosure public sale (14 MRSA 6321-6324); Condo lien foreclosure (33 MRSA 1603-116) using mortgage foreclosure procedure (cross-reference)
- Who holds the money
- Tax: municipality (or State Tax Assessor for unorganized territory) holds and pays excess sale proceeds after listing with an independent broker and selling within 12 months (943-C(3)), or pays appraised-value excess if it retains (943-C(7)). Mortgage: mortgagee disburses per judgment; if mortgagor has not appeared, surplus paid to clerk of courts and held in escrow 6 months (14 MRSA 6324).
- Unclaimed funds go to
- Tax: if former owner (located only by publication) fails to claim within 30 days of the final of 3 weekly published notices, municipality transfers proceeds to the Unclaimed Property Fund (33 MRSA 2141) (943-C(10)). Mortgage: unclaimed after 6 months with the clerk, paid to Treasurer of State (General Fund) until unclaimed under the Unclaimed Property Act (14 MRSA 6324).
- How owners claim
- Tax: municipality must send notice of sale process at least 90 days before listing, and notice of intent to pay excess at least 30 days before disbursement (certified + first-class mail); former owner (or heirs/devisees/PR) receives payment and may request a written itemized accounting; acceptance waives a 946-B challenge. Mortgage: surplus paid in the foreclosure proceeding; contest the report of sale by motion within 30 days of receipt. — deadline: Tax (unlocated owner): 30 days after final published notice, then claim from State Treasurer unclaimed property. Mortgage: 6 months in clerk escrow.
- Agent / finder fee cap
- No surplus-specific cap. For funds held by the State Treasurer: agreements made >24 but <36 months after delivery capped at 15% (33 MRSA 2201(6)); unconscionable fees reducible by court (2201(4)).
More Maine counties
- Androscoggin — request
- Aroostook — request
- Cumberland — request
- Franklin — request
- Hancock — request
- Kennebec — request
- Knox — request
- Lincoln — request
- Oxford — request
- Penobscot — request
Questions
Where does the Sagadahoc County surplus funds list come from?
From the official list published by Sagadahoc County. Surplus Funds HQ checks it daily and last found it updated Oct 12, 2026.
How do I claim surplus funds in Sagadahoc County?
The former owner (or heirs) files a claim with the office that holds the funds, usually with ID and proof of ownership. It is free to do yourself. See how to claim surplus funds; in Maine: Tax (unlocated owner): 30 days after final published notice, then claim from State Treasurer unclaimed property. Mortgage: 6 months in clerk escrow..
Can someone else claim the money for me?
Yes, recovery agents and attorneys do this for a fee, but Maine law may cap the fee or require a waiting period (No surplus-specific cap. For funds held by the State Treasurer: agreements made >24 but <36 months after delivery capped at 15% (33 MRSA 2201(6))). Read any contract carefully; you never need an agent to file.