Maine real estate 2 exam - Study guides, Class notes & Summaries

Real Estate Exam Prep Quiz Correctly Answered 2024. The purpose of the Maine Real Estate Commission is to? - correct answer Promote public understanding and confidence in the business of Real Estate Brokerage The Maine Real Estate Commission consists of? - correct answer 4 industry members and 2 public members The maximum fine that may be imposed by the Maine Real Estate - correct answer $2000 per violation What type of Real Estate development includes a variety of land uses such as *s...

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...

Maine Law Real Estate TRELG Exam Questions With Correct Answers Graded A+ True or False: With appointed agency, one affiliated licensee represents the client to the exclusion of all other affiliated licensees of the brokerage agency; more than one may be appointed if there is a team or a licensee is covering for vacation. A. TrueB. False A. True When must a client give consent to disclosed dual agency? A. At the time the client signs a listing agreement or buyer representation agreement w...

Maine Real Estate 2 Exam (Questions And Answers)

Maine Real Estate License Practice Exam part 2

Maine Real Estate License Practice Exam PART 1 Questions with correct 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 esta...

Maine Real Estate License Practice Exam part 265 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 and the buyers. b. O...

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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 ...

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