Maine Real Estate Final Exam Prediction Questions 2024.

Maine Real Estate Final Exam Prediction Questions 2024. What is a branch office? - correct answer A location where business is regularly conducted or that is advertised as where the public may contact the agency. How old must you be to apply for a real estate license in Maine? - correct answer 18 What is the maximum fine that LUPC can impose for a violation? - correct answer $10k per day Shoreland areas include area within how many feet of the normal high-water line of great pond? - correct answer 250 feet how many hours must you attend classroom training in order to apply for an assc broker lic? - correct answer 60 How must a real estate brokerage agency's trade name be displayed in advertising? - correct answer Prominently displayed Who is responsible for the management of the Maine Real Estate Commission affairs? - correct answer The Director Shoreland areas include area within how many feet of the high-water line of a stream? - correct answer 250 What level of re lic may only be granted after the lic has completed 2 yrs as a lic re sales agent? - correct answer associate How many hours of CEmust an assocbroker complete in a two year period? - correct answer 21 What type of listing is prohibited in Maine? - correct answer net listing How long must a DB retain copies of paperwork re a closed real estate transaction? - correct answer 3 yr Whose duty is it to oversee all ads placed by any affil licensee of an agency? - correct answer DB What is the maximum fine that may be assessed bythe Maine Real Estate Commission? - correct answer $2000 How many public members serve on the Maine Real Estate Commission? - correct answer 2 Whose duty is it to oversee the filing, storage and maintenance of real estate documents? - correct answer DB What grade must you receive in the Sales Agent Course in order to pass the course? - correct answer 75 For how many hours must you attend training in order to apply for a sales agent license? - correct answer 55