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

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 ...

Maine Real Estate Commission Study Guide . Maine Real Estate Commission (MREC) - correct answer The Maine based organization meant to protect the public through the regulation of the real estate industry in Maine. Multiple Listing Service (MLS) - correct answer A system that pools the listings of all member companies. National Association of REALTORS® (NAR) - correct answer NAR advocates for policies that foster vibrant real estate markets, support the industry, and protect consumers. Th...

TSI Testing 126 Questions with Verified Answers In 2010, talk show host Oprah Winfrey and novelist Jonathan Franzen kissed and made up after a nine-year feud. In 2001, Franzen was disinvited from appearing on Winfrey's TV show to pitch his novel The Corrections after he made it clear that he was unhappy about the book's being chosen for the Oprah Book Club. Describing his work as "in the high-art literary tradition," Franzen said he didn't want to be associated with the Club, which he a...

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 ...

Real Estate LAW Exam Study Guide Latest Update!! Fiduciary Duties - ANSWER "OLD CARD": Obedience, Loyalty, Disclosure, Confidentiality, Accountability, and Reasonable Care, Diligence. Agent owes to client and broker Accountability and Confidentiality - ANSWER Fiduciary duties that survive the termination of the agency relationship Associate Broker and Broker Licensees - ANSWER must complete 21 hours of Maine-approved continuing education every 2 years except - ANSWER Information...

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 Quiz #1 Review Study Guide 2024.Your real estate brokerage agency provides you with health insurance and a car to use while showing property to clients. Are you an independent contractor or an employee? - correct answer employee In the overwhelming majority of real estate brokerage agencies, the licensees are - correct answer independent contractors

Maine Real Estate Law Exam Prep! Study Study! | updated 2023/24