Maine Real Estate Practice 2 Exam (elaborations) Maine Real Estate 3 Exam (elaborations) Maine Real Estate Final 4 Exam (elaborations) Maine Real Estate Law 5 Exam (elaborations) Maine Real Estate Law TRELG Course
[Show more]
Who supervises the activities of affiliated licensees, the activities of the unlicensed persons affiliated with the agency (for example, the administrative staff), and the operation of the agency? - Answer- The Designated Broker Designated Broker - Answer- Supervises activities of affliated licen...
Preview 2 out of 7 pages
Add to cartWho supervises the activities of affiliated licensees, the activities of the unlicensed persons affiliated with the agency (for example, the administrative staff), and the operation of the agency? - Answer- The Designated Broker Designated Broker - Answer- Supervises activities of affliated licen...
The maximum security deposit a landlord may take on is - Answer- Up to two months rent Which real estate player estimates the value of real property? - Answer- Appraiser When doing a CMA (Comparative Market Analysis) a licensee must reconcile the adjusted prices of the comparable. This means: ...
Preview 2 out of 6 pages
Add to cartThe maximum security deposit a landlord may take on is - Answer- Up to two months rent Which real estate player estimates the value of real property? - Answer- Appraiser When doing a CMA (Comparative Market Analysis) a licensee must reconcile the adjusted prices of the comparable. This means: ...
An adequate legal description of real estate is one: - Answer- by which a reasonable person can determine what property is described - the legal description is legally "adequate" if a reasonable person could identify the property based on the description. Ownership of real estate includes: a.)...
Preview 4 out of 31 pages
Add to cartAn adequate legal description of real estate is one: - Answer- by which a reasonable person can determine what property is described - the legal description is legally "adequate" if a reasonable person could identify the property based on the description. Ownership of real estate includes: a.)...
A client must be informed as to the real estate brokerage agency's appointed agency policy and: - Answer- Give written consent to that policy in advance of entering into a brokerage agreement. A disclosed dual agent may disclose any information to one party that the licensee gains from the other...
Preview 2 out of 15 pages
Add to cartA client must be informed as to the real estate brokerage agency's appointed agency policy and: - Answer- Give written consent to that policy in advance of entering into a brokerage agreement. A disclosed dual agent may disclose any information to one party that the licensee gains from the other...
You are a real estate licensee in Maine. Your friend Andrew, who is not a real estate licensee, asks if you will pay him $250 for every sales lead he sends you. What do you tell him? - Answer- I can't pay referral fees to someone who is not a real estate licensee. Elwood holds a Maine auctioneer...
Preview 2 out of 7 pages
Add to cartYou are a real estate licensee in Maine. Your friend Andrew, who is not a real estate licensee, asks if you will pay him $250 for every sales lead he sends you. What do you tell him? - Answer- I can't pay referral fees to someone who is not a real estate licensee. Elwood holds a Maine auctioneer...
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Stuvia is a marketplace, so you are not buying this document from us, but from seller Greaterheights. Stuvia facilitates payment to the seller.
No, you only buy these notes for $20.49. You're not tied to anything after your purchase.
4.6 stars on Google & Trustpilot (+1000 reviews)
75391 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now