100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Maine Portion of Pearson VUE Retake Exam 2024/2025 Questions With Completed & Verified Solutions. $9.99   Add to cart

Exam (elaborations)

Maine Portion of Pearson VUE Retake Exam 2024/2025 Questions With Completed & Verified Solutions.

 5 views  0 purchase
  • Course
  • Pearson VUE: Casualty Insurance Practice
  • Institution
  • Pearson VUE: Casualty Insurance Practice

Maine Portion of Pearson VUE Retake Exam 2024/2025 Questions With Completed & Verified Solutions.

Preview 1 out of 4  pages

  • August 23, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Pearson VUE: Casualty Insurance Practice
  • Pearson VUE: Casualty Insurance Practice
avatar-seller
phylliswambui
Maine Portion of Pearson VUE Retake

In Maine, a person without a real estate license may: - ANS Call bids at a real estate auction.

Under Maine law, "real estate brokerage' means: - ANS A single instance of offering, attempting
to conduct, or conducting real estate services on behalf of another for compensation.

In Maine an agency that has a company policy that permits disclosed dual agency must provide
a disclosed dual agency consent agreement to: - ANS Prospective clients at the time of entering
into a brokerage agreement.

In Maine, property disclosure must be: - ANS In writing.

Jill lists a convenience store with an apartment on the second floor. The property is served by
well water. Jill must ask the seller for disclosure information on: - ANS The location of the private
water supply.

Which of the following must a buyer agent disclose to his client regarding the heating system in
a residential property? - ANS Malfunctions within the past two years

In Maine, information regarding the location of a leach field must be disclosed to the buyer: -
ANS Prior to or during the preparation of the offer.

In Maine, a licensee is NOT required to provide a copy of the Real Estate Brokerage
Relationships Form to a prospective buyer or seller: - ANS For a property with less than 1 or
more than 4 residential dwelling units.
If the licensee is acting solely as a principal, not as an agent for another.
When the written communication from the licensee is a solicitation of business.

In Maine, a seller agent's obligations to his or her client would include: - ANS Presenting
additional offers after the property is securely under contract with a confirmed closing date.

A Maine licensee shall disclose, in the offer to purchase, that the licensee is acting in self
interest and that she is a real estate licensee EXCEPT when: - ANS Selling her own primary
residential home.

When it comes to assuring good title, Maine is a: - ANS Race Notice state.

The best way for a licensee to determine the boundaries of a property is to: - ANS Have the
property surveyed by a licensed surveyor.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

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

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

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 phylliswambui. 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.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

75619 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$9.99
  • (0)
  Add to cart