Pearson Vue real estate exam Maine 2024
Questions and Answers () | 100%
Correct Verified Answers Graded A+
Most land uses are subject to regulation of Maine's Mandatory Shoreland Zoning Act when they
are within how many feet of a river, wetland, lake, or ocean? CORRECT ANSWER>>250 feet
Most land uses are subject to regulation of Maine's Mandatory Shoreland Zoning Act when they
are within how many feet of certain streams? CORRECT ANSWER>>75 feet
The Shoreland Zoning Act is regulated by whom? CORRECT ANSWER>>Each municipality and
enforced by thelocal Code Enforcement Officer
In order for a single family residential property to have a subsurface waste disposal system,
what is the minimum square footage for the property size? CORRECT ANSWER>>20,000 sq.
feet
If a single family residential property abuts a river, stream, lake, pond or tidal area, it must have
at least how much water frontage? CORRECT ANSWER>>100 feet minimum
Who is responsible for inspecting and certifying shoreland properties in organized and
established towns in Maine? CORRECT ANSWER>>The Local Plumbing Inspector
Which type of agency is the most commonly practiced in Maine? CORRECT ANSWER>>Appointed
agency
, When a licensee is an affiliated agent of a brokerage agency that practices appointed agency,
must he or she notify a client of dual agency? CORRECT ANSWER>>No, because that agency
practices appointedagency and they are appointed agents to the client.
When a brokerage agency does not practice appointed agency, must the licensee notify a client
of dual agency? CORRECT ANSWER>>Yes, because there is no appointed agency, and licensees
represent all clients, notice of dual agency must be given and signed for both seller and buyer
clients.
What form must be provided to the consumer at the first substantive communication, face-to-
face, in writing, via e-mail or by any other electronic communication, regarding a real estate
transaction involving a residential one to four unit dwelling? CORRECT ANSWER>>Real Estate
Brokerage Relationships Form, also known as Form #3
Must the consumer sign Form #3, The Real Estate Brokerage Relationship Form? CORRECT
ANSWER>>No, theMaine Real Estate Commission does not require the consumer's signature
on this form.
The following must be included in what type of Brokerage Contract? The signature of the client
to be charged
• The terms and conditions of the brokerage services to be provided • The method or amount
of compensation to be paid
• The date upon which the agreement will expire
• A statement that the agreement creates an agency-client relationship CORRECT
ANSWER>>A BrokerageContract with a seller
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller kiarienaomi88. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.49. You're not tied to anything after your purchase.
