TRELG - Maine Real Estate Exam Prep -
Additional Maine Related Questions and
answers
TheipurposeiofitheiMaineiRealiEstateiCommissioniisito:
A.iSanctionilicenseesiwhoibreakitheilaw.
B.iPromoteipubliciunderstandingiandiconfidenceiinitheibusinessiofirealie
stateibrokerage.
C.iMakeilawsithatigovernitheipracticeiofirealiestateiiniMaine.
D.iReferialliviolationsiofirealiestateilawitoitheistate'siAttorneyiGeneral.i-
iCorrectiAnswer-
B.iPromoteipubliciunderstandingiandiconfidenceiinitheibusinessiofirealie
stateibrokerage.iTheipurposeiofitheiMaineiRealiEstateiCommissioniisitoi
promoteipubliciunderstandingiandiconfidenceiinitheibusinessiofirealiest
ateibrokerage.
TheiMaineiRealiEstateiCommissioniconsistsiof:
A.i4iindustryimembersiandi2ipublicimembers.
B.i2iindustryimembersiandi4ipublicimembers.
C.i4iindustryimembersiandi4ipublicimembers.
D.i2iindustryimembersiandi2ipublicimembers.i-iCorrectiAnswer-
4iindustryimembersiandi2ipublicimembers.iTheiMaineiRealiEstateiCom
missioniconsistsiofi4iindustryimembersiandi2ipublicimembers.
,TrueioriFalse:iTheimaximumifineithatimayibeiimposedibyitheiMaineiReali
EstateiCommissioniisi$1000iperiviolation.
A.iTRUE
B.iFALSEi-iCorrectiAnswer-FALSEi-
iThisiisiaifalseistatement.iTheimaximumifineiisi$2000iperiviolation.
TrueioriFalse:iIfiairealiestateilicenseeiviolatesiMaineirealiestateilaw,ihisir
ealiestateilicenseimayibeisuspendedibyitheiMaineiRealiEstateiCommissi
on.
A.iTRUE
B.iFALSEi-iCorrectiAnswer-TRUE
TrueioriFalse:iIfiairealiestateilicenseeiviolatesiMaineirealiestateilaw,ihisir
ealiestateilicenseimayibeirevokedibyitheiMaineiRealiEstateiCommission.
A.iTRUE
B.iFALSEi-iCorrectiAnswer-TRUEi-
iTheicommissionimayirevokeiailicensee'sirealiestateilicense.
HowimanyiindustryimembersiserveionitheiMaineiRealiEstateiCommissio
n?
A.i2
B.i4
C.i6
, D.i8i-iCorrectiAnswer-
4iindustryimembersiserveionitheiMaineiRealiEstateiCommission.
HowimanyipublicimembersiserveionitheiMaineiRealiEstateiCommission?
A.i2
B.i4
C.i6
D.i8i-iCorrectiAnswer-
2ipublicimembersiserveionitheiMaineiRealiEstateiCommission.
Theiday-to-
dayibusinessiofitheiMaineiRealiEstateiCommissioniisimanagedibyithe:
A.iMaineiSenate.
B.iMaineiHouseiofiRepresentatives.
C.iDirectoriofitheiMaineiRealiEstateiCommission.
D.iAttorneyiGeneraliofitheistateiofiMaine.i-iCorrectiAnswer-
DirectoriofitheiMaineiRealiEstateiCommission.i-
iTheiDirectorimanagesitheiday-to-
dayibusinessiofitheiMaineiRealiEstateiCommission.
IniMaine,iairesaleicertificateiisidelivereditoitheibuyeriofia(n):
A.iSingle-familyiproperty.
B.iParceliofivacantiland.
C.iApartmentiiniaicooperative.
Additional Maine Related Questions and
answers
TheipurposeiofitheiMaineiRealiEstateiCommissioniisito:
A.iSanctionilicenseesiwhoibreakitheilaw.
B.iPromoteipubliciunderstandingiandiconfidenceiinitheibusinessiofirealie
stateibrokerage.
C.iMakeilawsithatigovernitheipracticeiofirealiestateiiniMaine.
D.iReferialliviolationsiofirealiestateilawitoitheistate'siAttorneyiGeneral.i-
iCorrectiAnswer-
B.iPromoteipubliciunderstandingiandiconfidenceiinitheibusinessiofirealie
stateibrokerage.iTheipurposeiofitheiMaineiRealiEstateiCommissioniisitoi
promoteipubliciunderstandingiandiconfidenceiinitheibusinessiofirealiest
ateibrokerage.
TheiMaineiRealiEstateiCommissioniconsistsiof:
A.i4iindustryimembersiandi2ipublicimembers.
B.i2iindustryimembersiandi4ipublicimembers.
C.i4iindustryimembersiandi4ipublicimembers.
D.i2iindustryimembersiandi2ipublicimembers.i-iCorrectiAnswer-
4iindustryimembersiandi2ipublicimembers.iTheiMaineiRealiEstateiCom
missioniconsistsiofi4iindustryimembersiandi2ipublicimembers.
,TrueioriFalse:iTheimaximumifineithatimayibeiimposedibyitheiMaineiReali
EstateiCommissioniisi$1000iperiviolation.
A.iTRUE
B.iFALSEi-iCorrectiAnswer-FALSEi-
iThisiisiaifalseistatement.iTheimaximumifineiisi$2000iperiviolation.
TrueioriFalse:iIfiairealiestateilicenseeiviolatesiMaineirealiestateilaw,ihisir
ealiestateilicenseimayibeisuspendedibyitheiMaineiRealiEstateiCommissi
on.
A.iTRUE
B.iFALSEi-iCorrectiAnswer-TRUE
TrueioriFalse:iIfiairealiestateilicenseeiviolatesiMaineirealiestateilaw,ihisir
ealiestateilicenseimayibeirevokedibyitheiMaineiRealiEstateiCommission.
A.iTRUE
B.iFALSEi-iCorrectiAnswer-TRUEi-
iTheicommissionimayirevokeiailicensee'sirealiestateilicense.
HowimanyiindustryimembersiserveionitheiMaineiRealiEstateiCommissio
n?
A.i2
B.i4
C.i6
, D.i8i-iCorrectiAnswer-
4iindustryimembersiserveionitheiMaineiRealiEstateiCommission.
HowimanyipublicimembersiserveionitheiMaineiRealiEstateiCommission?
A.i2
B.i4
C.i6
D.i8i-iCorrectiAnswer-
2ipublicimembersiserveionitheiMaineiRealiEstateiCommission.
Theiday-to-
dayibusinessiofitheiMaineiRealiEstateiCommissioniisimanagedibyithe:
A.iMaineiSenate.
B.iMaineiHouseiofiRepresentatives.
C.iDirectoriofitheiMaineiRealiEstateiCommission.
D.iAttorneyiGeneraliofitheistateiofiMaine.i-iCorrectiAnswer-
DirectoriofitheiMaineiRealiEstateiCommission.i-
iTheiDirectorimanagesitheiday-to-
dayibusinessiofitheiMaineiRealiEstateiCommission.
IniMaine,iairesaleicertificateiisidelivereditoitheibuyeriofia(n):
A.iSingle-familyiproperty.
B.iParceliofivacantiland.
C.iApartmentiiniaicooperative.