Maine real estate 1 6 - Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about Maine real estate 1 6? On this page you'll find 48 study documents about Maine real estate 1 6.
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Maine - Real Estate Exam Prep | 242 questions and answers 2023/24
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Maine - Real Estate Exam Prep | 242 questions and answers 2023/24 
 
Fixture - An object that has been attached to land so as to become real estate. 
An article of personal property which has been installed in or attached to land or a building thereon, in such a manner that it is now considered to be a part of the real estate. 
Improvements - Beneficial attachments to raw land that increase its value or improve its usefulness. 
Meridians - Imaginary north-south lines which intersect base line...
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Maine Real Estate License Practice Exam PART 1 Questions and Answers
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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 - 
Answer️️ -C. Promote public confidence in the real estate ind...
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Maine Real Estate Sales Agent Course - Chapter 1 correctly answered rated A+ 2023/2024
- Exam (elaborations) • 4 pages • 2023
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Maine Real Estate Sales Agent Course - Chapter 1What does the MREC stand for ? - correct answer Maine Real Estate Commission 
 
When was the MREC established and by what act? - correct answer Act of Maine Legislature in 1937 
 
What is the policy/mission of the MREC? - correct answer supervise licensees "in a manner to ensure that they meet standards which will promote public understanding and confidence in the business of real estate brockerage" 
 
What are the six tools the MREC uses to supe...
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Maine Real Estate 1 - 6 question n answers graded A+ already passed
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Maine Real Estate 1 - 6Fred wants to put an addition on his hunting camp located in an unorganized township in Maine. He must apply to ________ fora building permit - correct answer (LUPC) Land Use Planning Committee 
 
An employer is responsible for directing a(n)______________as to both what is to be done and how it is to be done. - correct answer Employee 
 
Real estate licensees are almost always___________ ______________with their company;they sign an Independent Contractor Agreement - corr...
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Maine Real Estate - 7-15 question n answers rated A+ 2023/2024 already passed
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Maine Real Estate - 7-15The right to use the land of another but not to possess it is called - correct answer Non-Possessory Rights 
 
An easement that involves two parcels of land is called an - correct answer Appurtenant Easement. 
 
The land that benefits from an appurtenant easement is the - correct answer Dominant Estate or Tenement. 
 
The land that provides the rights of the appurtenant easement to the dominant estate is the: - correct answer Servient Estate or Tenement. 
 
An easement th...
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Maine Law Real Estate TRELG Exam Questions With Correct Answers Graded A+
- Exam (elaborations) • 14 pages • 2024
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Maine Law Real Estate TRELG Exam Questions With Correct Answers Graded A+ 
 
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 
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 w...
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Maine Real Estate Q&A 100% SOLUTION
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Maine Real Estate Q&A 
100% SOLUTION 
County Registry of Deeds - ANSWER Sources of information for Deeds, Easements, 
Leins, plats for subdivision, mortgages and discharges. 
City/Town Hall - ANSWER Sources of information for 
property tax information including exemptions, 
property card with assesors information, 
building permits, 
zoning, 
septic permits, 
code enforcement records 
Carryover clause - ANSWER Allows the broker to collect a commission for 6 months 
after the listing expires. ...
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Maine - Real Estate Exam Prep Study Guide with Complete Solutions
- Exam (elaborations) • 31 pages • 2024
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Maine - Real Estate Exam Prep Study 
Guide with Complete Solutions 
Fixture - Answer️️ -An object that has been attached to land so as to 
become real estate. 
An article of personal property which has been installed in or attached to 
land or a building thereon, in such a manner that it is now considered to be 
a part of the real estate. 
Improvements - Answer️️ -Beneficial attachments to raw land that 
increase its value or improve its usefulness. 
Meridians - Answer️️ -Imaginary n...
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Maine Real Estate MATH SECTION EXAM CORRECTLY SOLVED 2024.
- Exam (elaborations) • 4 pages • 2024
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Maine Real Estate MATH SECTION EXAM CORRECTLY SOLVED 2024.XYZ Realty policy manual shows the following compensation structure: Commission rate charged - 6% to XYZ Realty; 50% to the listing agent. If sold by another company, the commission is split equally. An agent from ABC Realty secured the buyer. Her company policy is, that as the selling agent, she will be paid 40% of her broker's share. If the sales price of the house was $395,000, how much does each party receive? - correct answer $395,0...
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Maine Law Real Estate TRELG Exam Questions With Correct Answers Graded A+
- Exam (elaborations) • 14 pages • 2024
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Maine Law Real Estate TRELG Exam Questions With Correct Answers Graded A+ 
 
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 
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 w...
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