Maine property disclosure - Study guides, Class notes & Summaries
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Maine Law Real Estate TRELG fully solved graded A+
- Exam (elaborations) • 17 pages • 2023
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Maine Law Real Estate TRELG 
True or False: With appointed agency, one affiliated licensee represents the client to the exclusion of all other affiliated licensees of the brokerage agency; more than one may be appointed if there is a team or a licensee is covering for vacation. 
A. TrueB. False - correct answer A. True 
 
When must a client give consent to disclosed dual agency? 
A. At the time the client signs a listing agreement or buyer representation agreement with the brokerage agencyB. Whe...
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Maine Real Estate Study question n answers graded A+ 2023/2024
- Exam (elaborations) • 13 pages • 2023
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Maine Real Estate Study 
In Maine, an agency relationship begins when the - correct answer Buyer or seller and agency sign an agreement establishing the agency relationship. 
 
Where a licensee has an agency relationship with a client, his/her most important duties are owed to: - correct answer The client. 
 
Which of the following statements is true? For an agent to become an appointed agent in Maine: - correct answer -The agency must have adopted the appointed agent concept. 
-The client must...
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Maine Laws TRELG Exam Questions Correctly Answered.
- Exam (elaborations) • 10 pages • 2024
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Maine Laws TRELG Exam Questions Correctly Answered. 
In Maine, a person without a real estate license may: 
A. Receive a referral fee. 
B. Receive compensation for finding a buyer for a piece of property. 
C. Sell a relative's house and receive a fee not to exceed 5%. 
D. Call bids at a real estate auction. - correct answer D. An unlicensed person may call bids at a real estate auction. 
 
Under Maine law, "real estate brokerage' means: 
A. The full-time practice of real estate over a two yea...
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Maine Quiz 1 with complete solutions 2023/2024
- Exam (elaborations) • 15 pages • 2023
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Maine Quiz 1 
1. In Maine, a person without a real estate license may: 
 
A. Receive a referral fee. 
B. Receive compensation for finding a buyer for a piece of property. 
C. Sell a relative's house and receive a fee not to exceed 5%. 
D. Call bids at a real estate auction. - correct answer Your answer: D. Call bids at a real estate auction. 
 
2. Under Maine law, "real estate brokerage' means: 
 
A. The full-time practice of real estate over a two year period. 
B. To act solely for the clien...
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Maine Real Estate Final Exam Study Guide Test 2024.
- Exam (elaborations) • 8 pages • 2024
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Maine Real Estate Final Exam Study Guide Test 2024. 
Two fiduciary duties that never expire - correct answer confidentiality and accounting 
 
when must a client give consent to a disclosed dual agency? - correct answer at the time the client signs a listing agreement or buyer representation agreement with the brokerage agency 
 
A maine real estate licensee must present the real estate brokerage relationships form to a consumer when engaged in a substantive communication regarding a - correct a...
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Maine Laws TRELG questions with 100% correct answers graded A+
- Exam (elaborations) • 10 pages • 2023
- Available in package deal
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Maine Laws TRELGIn Maine, a person without a real estate license may: 
A. Receive a referral fee. 
B. Receive compensation for finding a buyer for a piece of property. 
C. Sell a relative's house and receive a fee not to exceed 5%. 
D. Call bids at a real estate auction. - correct answer D. An unlicensed person may call bids at a real estate auction. 
 
Under Maine law, "real estate brokerage' means: 
A. The full-time practice of real estate over a two year period. 
B. To act solely for the c...
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Maine Law Real Estate TRELG
- Exam (elaborations) • 14 pages • 2023
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- $12.49
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True or False: With appointed agency, one affiliated licensee represents the client to the exclusion of all other affiliated licensees of the brokerage agency; more than one may be appointed if there is a team or a licensee is covering for vacation. 
A. TrueB. False - Answer- A. True 
 
When must a client give consent to disclosed dual agency? 
A. At the time the client signs a listing agreement or buyer representation agreement with the brokerage agencyB. When the client encounters a situation ...
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Maine Real Estate Prep question n answers graded A+ 2023/2024
- Exam (elaborations) • 8 pages • 2023
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Maine Real Estate PrepTwo fiduciary duties that never expire - correct answer confidentiality and accounting 
 
when must a client give consent to a disclosed dual agency? - correct answer at the time the client signs a listing agreement or buyer representation agreement with the brokerage agency 
 
A maine real estate licensee must present the real estate brokerage relationships form to a consumer when engaged in a substantive communication regarding a - correct answer 3-unit residential apartm...
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Maine Real Estate Law Exam Prep Study Study Questions & Answers Already Graded A+
- Exam (elaborations) • 7 pages • 2024
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A buyer is "under contract" to purchase a property. The subagent of the listing agency finds out that the 
buyer just lost his job. What is the duty of the subagent? - Inform the listing agency 
A condo association uses its By Laws to: - Govern the day-to-day operations of the condo 
association 
A designated broker in Maine is: - Responsible for the brokerage activities of anyone in her real 
estate brokerage agency. 
A Maine licensee shall disclose, in the offer to purchase, that the license...
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Maine Real Estate Study Practice Test 2024.
- Exam (elaborations) • 13 pages • 2024
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Maine Real Estate Study Practice Test 2024. 
In Maine, an agency relationship begins when the - correct answer Buyer or seller and agency sign an agreement establishing the agency relationship. 
 
Where a licensee has an agency relationship with a client, his/her most important duties are owed to: - correct answer The client. 
 
Which of the following statements is true? For an agent to become an appointed agent in Maine: - correct answer -The agency must have adopted the appointed agent concept...
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