Maine Real Estate License Practice Exam PART 1 Questions and Answers
8 views 0 purchase
Course
Maine
Institution
Maine (UM)
Maine Real Estate License Practice
Exam PART 1 Questions and Answers
Section 1 - Maine Real Estate Commission (2)
The primary function of the Maine Real Estate Commission is?
A. Enforce the rules and regulations by holding hearings on complaints
B. Issue real estate licenses to qualified candi...
Maine Real Estate License Practice
Exam PART 1 Questions and Answers
Section 1 - Maine Real Estate Commission (2)
The primary function of the Maine Real Estate Commission is?
A. Enforce the rules and regulations by holding hearings on complaints
B. Issue real estate licenses to qualified candidates
C.. Promote public confidence in the real estate industry
D. Oversee audits and continuing education of practicing licensees -
Answer✔️✔️-C. Promote public confidence in the real estate industry
The industry members on the Maine Real Estate Commission are:
a. Citizens with no connection to the real estate business
b. The director of the real estate commission and three legislators
c. Designated brokers from four different counties
d. Licensees who have held a broker or associate broker license for a
minimum of five years - Answer✔️✔️-D. Licensees who have held a broker
or associate broker license for a minimum of five years
The Maine Real Estate Commission has the power to:
d. Concealment of pertinent information - Answer✔️✔️-a. Innocent
misrepresentation
Iris Clover has been an active Associate Broker licensee in Maine for nine
years. She may
a. Open her own real estate brokerage company
b. Serve on the Maine Real Estate Commission as an industry member c.
Not apply for the broker license for 1 more year
d. Not provide a broker price opinion for a bank - Answer✔️✔️-b. Serve on
the Maine Real Estate Commission as an industry member
The Maine Real Estate Commission has how many members?
a. 4
b. 6
c. 5
d. 7 - Answer✔️✔️-B. 6
The Maine Real Estate Commission has how many industry members?
a. 2
3
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
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!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
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.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller SophiaBennett. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.99. You're not tied to anything after your purchase.
