In Maine, a person without a real estate license may: - ANS Call bids at a real estate auction.
Under Maine law, "real estate brokerage' means: - ANS 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: - ANS Prospective clients at the time of entering
into a brokerage agreement.
In Maine, property disclosure must be: - ANS In writing.
Jill lists a convenience store with an apartment on the second floor. The property is served by
well water. Jill must ask the seller for disclosure information on: - ANS The location of the private
water supply.
Which of the following must a buyer agent disclose to his client regarding the heating system in
a residential property? - ANS Malfunctions within the past two years
In Maine, information regarding the location of a leach field must be disclosed to the buyer: -
ANS Prior to or during the preparation of the offer.
In Maine, a licensee is NOT required to provide a copy of the Real Estate Brokerage
Relationships Form to a prospective buyer or seller: - ANS For a property with less than 1 or
more than 4 residential dwelling units.
If the licensee is acting solely as a principal, not as an agent for another.
When the written communication from the licensee is a solicitation of business.
In Maine, a seller agent's obligations to his or her client would include: - ANS Presenting
additional offers after the property is securely under contract with a confirmed closing date.
A Maine licensee shall disclose, in the offer to purchase, that the licensee is acting in self
interest and that she is a real estate licensee EXCEPT when: - ANS Selling her own primary
residential home.
When it comes to assuring good title, Maine is a: - ANS Race Notice state.
The best way for a licensee to determine the boundaries of a property is to: - ANS Have the
property surveyed by a licensed surveyor.
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