2.__Right of residence.__If the former owner or the surviving spouse continues to reside on residential property acquired by foreclosure under this article and is making a good faith effort to repurchase the property through a payment plan arranged with the municipality, the municipality may not sell the property to a 3rd party.__A payment plan may be assumed by a surviving spouse and may be adjusted according to the surviving spouse's ability to pay.__The payment plan may set off against the delinquent taxes amounts owed by the municipality to the former owner.__If the former owner or surviving spouse ceases residing on the residential property, the municipality may sell or otherwise dispose of the property.

3.__Right of occupation of commercial property.__If the commercial property acquired by the municipality by foreclosure under this article is occupied and the person occupying that property is making a good faith effort to repurchase the property through a payment plan arranged with the municipality pursuant to section 943-A, the municipality may not sell the commercial property to a 3rd party.

4.__Right to repurchase.__At any time before sale to a 3rd party of a property acquired under this article by a municipality, the former owner or the former owner's surviving spouse or heirs may repurchase the property by payment of all delinquent taxes, interest and associated costs incurred by the municipality.

5.__Recovery of excess gains on sale.__If a municipality sells property acquired under this article to a 3rd party, the municipality shall pay to the former owner, the former owner's surviving spouse or the former owner's heirs all funds received from the sale after deducting all taxes owed; interest; costs, including costs of sale; and any other charges related to the property.__If the former owner dies and one year after the death of the former owner no surviving spouse or heirs have been identified, the municipality may keep all funds received from the sale of the property.