Maine real estate - Study guides, Class notes & Summaries

Pearson Vue real estate exam Maine Questions And Correct Answers 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? 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? 75 feet The Shoreland Zoning Act is regulated by whom? Each municipality and enforced by the local Code Enforcement Officer ...

In Maine, a person without a real estate license may: - ANSWER-Call bids at a real estate auction. Under Maine law, "real estate brokerage' means: - ANSWER-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: - ANSWER-Prospective clients at the time of entering into a brokerage...

TRELG - Maine Real Estate Exam Prep - Additional Maine Related Questions and answers

Maine Real Estate Test 2024/2025 Questions And Answers 100% Accurate Graded A+. For what minimum period of time must a real estate brokerage agency retain copies of rejected offers and counteroffers? A. 1 year B. 2 years C. 3 years D. 5 years - ANSWER-No, rejected offers and counteroffers must be retained for 1 year. A designated broker in Maine is: A. Responsible for the brokerage activities of anyone in her real estate brokerage agency. B. Any licensee with an active Broker license. ...

A client must be informed as to the real estate brokerage agency's appointed agency policy and: CORRECT ANSWER 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: CORRECT ANSWER Confidential negotiating strategy not disclosed in the sales offer as terms of the sale. The Maine Real Estate ...

Maine Real Estate Exam Correctly Answered 2024. The purpose of the Maine Real Estate Commission is to: A. Sanction licensees who break the law. B. Promote public understanding and confidence in the business of real estate brokerage. C. Make laws that govern the practice of real estate in Maine. D. Refer all violations of real estate law to the state's Attorney General. - correct answer B. Promote public understanding and confidence in the business of real estate brokerage. ...

Maine Real Estate UPDATED Exam Questions and CORRECT Answers An employer is responsible for direction a ( ) as to both what is to be done and how it is to be done - CORRECT ANSWER- employee Real estate licensees are almost always ( ) with their company - CORRECT ANSWERindependent contractors Every real estate brokerage should adopt a ( ) that identifies and describes the types of real estate brokerage relationships in which the broke and affiliated licenses may engage - CORRECT ANSWER...

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 members on the Maine Real Estate Commission are: ...

Maine Real Estate Test 2024/2025 Questions And Answers 100% Accurate Graded A+. For what minimum period of time must a real estate brokerage agency retain copies of rejected offers and counteroffers? A. 1 year B. 2 years C. 3 years D. 5 years - ANSWER-No, rejected offers and counteroffers must be retained for 1 year. A designated broker in Maine is: A. Responsible for the brokerage activities of anyone in her real estate brokerage agency. B. Any licensee with an active Broker license. ...

Maine Real Estate Study Practice Test 2024. An adequate legal description of real estate is one: - by which a reasonable person can determine what property is described - the legal description is legally "adequate" if a reasonable person could identify the property based on the description. Ownership of real estate includes: a.) Rights to use the surface, subsurface and airspace over the land b.) Fixtures c.) Naturally growing tree growing on the land d.) All of the above - D.) All of...