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Maine Real Estate Law Exam Questions & Answers Verified 100% Correct!!

Maine Law Exam Flash Cards TRELG What is a branch office? A location where business is regularly conducted or that is advertised as where the public may contact the agency. What is the maximum fine that LUPC (Land Use Planning Commission) can impose for a violation? $10,000 per day How old must you be to apply for a real estate license in Maine? 18 years old Shoreland areas include area within how many feet of the normal high-water line of a great pond? 250 feet For how many...

Maine Real Estate Law Exam Questions and Answers (Graded A)

Maine Real Estate Law Exam Prep Correctly Answered 2024. In Maine, a person without a real estate license may: - correct answer Call bids at a real estate auction. Under Maine law, "real estate brokerage' means: - correct answer 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 agreemen...

Maine Real Estate Law Exam Prep Study Study 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...

Maine Real Estate Law Exam Questions and Answers

Maine Real Estate Law Exam Questions and Answers Graded A

Maine Law Exam Flash Cards TRELG- Questions with correct Answers What is a branch office? - ANS ️️ A location where business is regularly conducted or that is advertised as where the public may contact the agency. What is the maximum fine that LUPC (Land Use Planning Commission) can impose for a violation? - ANS ️️ $10,000 per day How old must you be to apply for a real estate license in Maine? - ANS ️️ 18 years old Shoreland areas include area within how many feet of ...

Maine Law Exam Flash Cards TRELG Questions and Answers What is a branch office? A location where business is regularly conducted or that is advertised as where the public may contact the agency. What is the maximum fine that LUPC (Land Use Planning Commission) can impose for a violation? $10,000 per day How old must you be to apply for a real estate license in Maine? 18 years old Shoreland areas include area within how many

Maine Real Estate Law Exam Questions & Answers Verified 100% Correct!! A client must be informed as to the real estate brokerage agency's appointed agency policy and: Give written consent to that policy in advance of entering into a brokerage agreement. A disclosed dual agent may disclose any information to one party that the licensee gains from the other party if the information is relevant to the transaction except: Confidential negotiating strategy not disclosed in the sales offer as ...