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Maine real estate 2024 Exam Study Guide
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Maine real estate 2024 Exam Study Guide
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Maine real estate 2024 Exam StudyGuide
What is a branch office? - Answer>> A location where
business is regularly conducted or that is advertised as
where the public may contact the agency.
How old must you be to apply for a real estate license in
Maine? - Answer>> 18
What is the maximum fine that LUPC can impose for a
violation? - Answer>> $10k per day
Shoreland areas include area within how many feet of the
normal high-water line of great pond? - Answer>> 250
feet
how many hours must you attend classroom training in
order to apply for an assc broker lic? - Answer>> 60
How must a real estate brokerage agency's trade name be
displayed in advertising? - Answer>> Prominently
displayed
Who is responsible for the management of the Maine Real
Estate Commission affairs? - Answer>> The Director
Shoreland areas include area within how many feet of the
high-water line of a stream? - Answer>> 250
, What level of re lic may only be granted after the lic has
completed 2 yrs as a lic re sales agent? - Answer>>
associate
How many hours of CEmust an assocbroker complete in a
two year period? - Answer>> 21
What type of listing is prohibited in Maine? - Answer>>
net listing
How long must a DB retain copies of paperwork re a
closed real estate transaction? - Answer>> 3 yr
Whose duty is it to oversee all ads placed by any affil
licensee of an agency? - Answer>> DB
What is the maximum fine that may be assessed bythe
Maine Real Estate Commission? - Answer>> $2000
How many public members serve on the Maine Real
Estate Commission? - Answer>> 2
Whose duty is it to oversee the filing, storage and
maintenance of real estate documents? - Answer>> DB
What grade must you receive in the Sales Agent Course in
order to pass the course? - Answer>> 75
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