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Maine Real Estate Laws Exam 2023 with complete solutions A client must be informed as to the real estate brokerage agency's appointed agency policy and: - ANS ️️ Give written consent to that policy in advance of entering into a brokerage agreement. A disclosed dual agent may disclose any in...

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 candidat...

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 qualifi...

Maine Real Estate License Practice Exam part 2 Questions and Answers 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 ...

Maine Real Estate test 2023-Solved 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 - ANS ️️ No, rejected offers and counteroffers must be retained for 1 year. A designated b...

Maine specific- Real Estate Exam prep Questions and Answers The most common manner in which to transfer risk in real estate property management is through the use of: A. indemnification agreements. B. insurance policies. C. hold harmless agreements. D. release of liability forms. - ANS ️️...

MAINE STATE EXAM QUESTIONS AND ANSWERS 2023 The most common manner in which to transfer risk in real estate property management is through the use of: A. indemnification agreements. B. insurance policies. C. hold harmless agreements. D. release of liability forms. - ANS ️️ B. In risk mana...

Pearson Vue real estate exam Maine questions and 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? - ANS ️️ 250 feet Most land uses are subject to regulation of Maine's Mandato...

Real Estate LAW Exam Study Guide 2024 Fiduciary Duties - ANS ️️ "OLD CARD": Obedience, Loyalty, Disclosure, Confidentiality, Accountability, and Reasonable Care, Diligence. Agent owes to client and broker Accountability and Confidentiality - ANS ️️ Fiduciary duties that survive the te...

Real Estate Law- Exam #1 ch 1,2,4,5 Questions and Answers Adverse possession - ANS ️️ Method of acquiring ownership to real property by possession for a statutory period of time, usually 7 to 20 years. Color of Title - ANS ️️ A form of adverse possession where the original possession of...

Maine Law Exam Flash Cards TRELG- Questions with correct Answers What is a branch office? - ANS ️️ A location where business is regularly conducted or that is advertised as where the public may contact the agency. What is the maximum fine that LUPC (Land Use Planning Commission) can imp...

Maine Law Real Estate TRELG Exam Questions and Answers 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 v...