Under maine law - Study guides, Class notes & Summaries

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 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 client of a real estate agency to the exclusion of...

____________________ is the number one killer in outdoor activities. - Hypothermia A 12-year-old can lawfully operate a snowmobile on a public way. - False A 13-year-old can lawfully operate a snowmobile by himself on trails. - True A 13-year-old may lawfully operate a snowmobile under which the following circumstances? - By himself on his or his parents' land - Accompanied by an adult on public trails - By himself on public trails A 15-year-old can lawfully operate a snowmobile on a publi...

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 agreement to: CORRECT ANSWER Prospective clients at the time of enterin...

MAINE PROPERTY &CASUALTY ADJUSTER EXAM PREP QUESTIONS WITH COMPLETE SOLUTIONS 2024 What is the interest rate for claims not paid and over 30 days? 1 ½ % per month A CEO is piloting a rented aircraft and injures someone. What kind of coverage is this covered under? Non-owned aircraft coverage How are wages computed for workers compensation? 2/3 of average after take weekly wages A company sells costume jewelry ranging in price from $1.00 to $5.00 and has had $10,000.00 in jewelry sto...

Maine Real Estate Law Exam Prep | Questions and Correct Answers | Latest Update 2024/2025 | 100% PASS In Maine, a person without a real estate license may: - Answer -Call bids at a real estate auction. Under Maine law, "real estate brokerage' means: - 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 d...

Who needs a license? - Anyone who hunts wild birds or animals in Maine Junior Hunter - hunters under the age of 16 Exceptions (assisting in a hunt) - you can do this as long as you don't carry any hunting equipment Landowner Priviledge - Maine resident landowners and immediate family members can hunt w/o a license on land they own and reside upon as long as it is 10 or more acres and used exclusively for agricultural purposes (does not apply to revoked or suspended licenses...

Maine Real Estate Complete Test With Complete Solutions 2024. For what minimum period of time must a real estate brokerage agency retain copies of rejected offers and counteroffers? A. 1 year B. 2 years C. 3 years D. 5 years - correct answer No, rejected offers and counteroffers must be retained for 1 year. A designated broker in Maine is: A. Responsible for the brokerage activities of anyone in her real estate brokerage agency. B. Any licensee with an active Broker license. C...

Call bids at a real estate auction. CORRECT ANSWER In Maine, a person without a real estate license may: A single instance of offering, attempting to conduct, or conducting real estate services on behalf of another for compensation. CORRECT ANSWER Under Maine law, "real estate brokerage' means: Prospective clients at the time of entering into a brokerage agreement. CORRECT ANSWER In Maine an agency that has a company policy that permits disclosed dual agency must provide a disclosed dual...

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. - 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 client of a real estate agency to the exclusion of other affiliat...

Maine Quiz 11. 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 client ...