# 36 M.R.S. § 502: 36 §502. Property taxable; tax year

> Maine · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_ME_T36_P2_C105_S502

## Section

- **Citation:** 36 M.R.S. § 502
- **Heading:** 36 §502. Property taxable; tax year
- **Jurisdiction:** Maine
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** ME Code / Title 36 / Part 2 / Chapter 105 / Section 502

## Text

All real estate within the State, all personal property of residents of the State and all personal property within the State of persons not residents of the State is subject to taxation on the first day of each April as provided; and the status of all taxpayers and of such taxable property must be fixed as of that date. Upon receipt of a declaration of value under section 4641‑D reflecting a change of ownership in real property, the assessor may change the records of the municipality to reflect the identity of the new owner, if notice of tax liabilities is sent both to the new owner and to the owner of record as of the April 1st when the liability accrued. The taxable year is from April 1st to April 1st. Notwithstanding this section, proration of taxes must be over the period specified in section 558 . [PL 1997, c. 216, §1 (AMD).]

## Nearby sections

- [36 M.R.S. § 501 36 §501. Definitions](https://www.frixlaw.com/law-library/statutes/STATE_ME_T36_P2_C105_S501.md)
- [36 M.R.S. § 502 36 §502. Property taxable; tax year](https://www.frixlaw.com/law-library/statutes/STATE_ME_T36_P2_C105_S502.md)
- [36 M.R.S. § 503 36 §503. Town taxes; legality](https://www.frixlaw.com/law-library/statutes/STATE_ME_T36_P2_C105_S503.md)
- [36 M.R.S. § 504 36 §504. Illegal assessment; recovery of tax](https://www.frixlaw.com/law-library/statutes/STATE_ME_T36_P2_C105_S504.md)
- [36 M.R.S. § 505 36 §505. Taxes; payment; powers of municipalities](https://www.frixlaw.com/law-library/statutes/STATE_ME_T36_P2_C105_S505.md)
- [36 M.R.S. § 506 36 §506. Prepayment of taxes](https://www.frixlaw.com/law-library/statutes/STATE_ME_T36_P2_C105_S506.md)
- [36 M.R.S. § 506-A 36 §506-A. Overpayment of taxes](https://www.frixlaw.com/law-library/statutes/STATE_ME_T36_P2_C105_S506-A.md)
- [36 M.R.S. § 507 36 §507. Taxpayer information](https://www.frixlaw.com/law-library/statutes/STATE_ME_T36_P2_C105_S507.md)
- [36 M.R.S. § 508 36 §508. Service charges](https://www.frixlaw.com/law-library/statutes/STATE_ME_T36_P2_C105_S508.md)
- [36 M.R.S. § 551 36 §551. Real estate; defined](https://www.frixlaw.com/law-library/statutes/STATE_ME_T36_P2_C105_S551.md)
- [36 M.R.S. § 552 36 §552. -- tax lien](https://www.frixlaw.com/law-library/statutes/STATE_ME_T36_P2_C105_S552.md)
- [36 M.R.S. § 553 36 §553. -- where taxed](https://www.frixlaw.com/law-library/statutes/STATE_ME_T36_P2_C105_S553.md)
- [36 M.R.S. § 554 36 §554. Mortgaged real estate; taxes; payment](https://www.frixlaw.com/law-library/statutes/STATE_ME_T36_P2_C105_S554.md)
- [36 M.R.S. § 555 36 §555. Tenants in common and joint tenants](https://www.frixlaw.com/law-library/statutes/STATE_ME_T36_P2_C105_S555.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_ME_T36_P2_C105_S502. Check the current official text before relying on it. Not legal advice.