Maine real estate license - Study guides, Class notes & Summaries

Maine Real Estate License Practice Exam Part 2 Study Guide Test 2024.65 Marsha and Paula both work for Undertow Realty in Castine. The Designated Broker has decided to practice appointed agency at Undertow Realty. Marsha is the appointed agent to the seller at 68 Puffin Lane. Paula is appointed to the buyers. Which of the following statements is true? a. Marsha and Paula both work for Undertow Realty, therefore they are in dual agency and must disclose that fact, in writing to both the seller...

Maine Real Estate License Practice Exam

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Maine Real Estate License Practice Exam PART 1 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 - correct answer C. Promote public confidence in the real estate industry The industry...

Maine Real Estate License Practice Exam 2023 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 - ANS ️️ C. Promote public confidence in the real estate industry...

The Maine Real Estate Commission has the power to: a. Suspend or revoke a real estate license b. Impose a criminal penalty of up to $10,000 and one year in jail c. Do nothing, all penalties must be decided in court d. Set fees of any amount - Answer-a. Suspend or revoke a real estate license The Maine Real Estate Commission has the power to: a. Impose fines on licensees in violation of the law b. Require sellers to make property disclosures c. Have buyers sign buyer agency agr...

Maine Real Estate License Practice Exam 2023

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 - C. Promote public confidence in the real estate industry The industry members on the Maine Real Estate Commission are: a. Citizens with no connection to the real estate business b...

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 - ANSWER-C. Promote public confidence in the real estate industry The industry members on the Maine Real Estate Commission are: a. Ci...