TRELG - Maine Real Estate Exam /| /| /| /| /| /|
Prep - Additional Maine Related /| /| /| /| /|
Questions with answers /| /|
The purpose of the Maine Real Estate Commission is to:
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A. Sanction licensees who break the law.
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B. Promote public understanding and confidence in the business
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of real estate brokerage.
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C. Make laws that govern the practice of real estate in Maine.
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D. Refer all violations of real estate law to the state's Attorney
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General. - CORRECT ANSWERS ✔✔B. Promote public
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understanding and confidence in the business of real estate /| /| /| /| /| /| /| /| /|
brokerage. The purpose of the Maine Real Estate Commission is to
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promote public understanding and confidence in the business of
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real estate brokerage.
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The Maine Real Estate Commission consists of:
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A. 4 industry members and 2 public members.
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B. 2 industry members and 4 public members.
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C. 4 industry members and 4 public members.
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D. 2 industry members and 2 public members. - CORRECT
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ANSWERS ✔✔4 industry members and 2 public members. The
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Maine Real Estate Commission consists of 4 industry members and
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2 public members.
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,True or False: The maximum fine that may be imposed by the
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Maine Real Estate Commission is $1000 per violation.
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A. TRUE
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B. FALSE - CORRECT ANSWERS ✔✔FALSE - This is a false
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statement. The maximum fine is $2000 per violation.
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True or False: If a real estate licensee violates Maine real estate
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law, his real estate license may be suspended by the Maine Real
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Estate Commission. /|
A. TRUE
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B. FALSE - CORRECT ANSWERS ✔✔TRUE
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True or False: If a real estate licensee violates Maine real estate
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law, his real estate license may be revoked by the Maine Real
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Estate Commission. /|
A. TRUE
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B. FALSE - CORRECT ANSWERS ✔✔TRUE - The commission may
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revoke a licensee's real estate license.
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How many industry members serve on the Maine Real Estate
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Commission?
A. 2
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B. 4
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C. 6
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D. 8 - CORRECT ANSWERS ✔✔4 industry members serve on the
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Maine Real Estate Commission.
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, How many public members serve on the Maine Real Estate
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Commission?
A. 2 /|
B. 4 /|
C. 6 /|
D. 8 - CORRECT ANSWERS ✔✔2 public members serve on the
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Maine Real Estate Commission.
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The day-to-day business of the Maine Real Estate Commission is
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managed by the: /| /|
A. Maine Senate.
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B. Maine House of Representatives.
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C. Director of the Maine Real Estate Commission.
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D. Attorney General of the state of Maine. - CORRECT ANSWERS
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✔✔Director of the Maine Real Estate Commission. - The Director
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manages the day-to-day business of the Maine Real Estate
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Commission.
In Maine, a resale certificate is delivered to the buyer of a(n):
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A. Single-family property.
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B. Parcel of vacant land.
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C. Apartment in a cooperative.
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D. Condominium unit. - CORRECT ANSWERS ✔✔Condominium unit.
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The town of Cape Elizabeth, Maine has a document that serves as
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a guide for public and private land use within the town. This
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document is called a: /| /| /|
Prep - Additional Maine Related /| /| /| /| /|
Questions with answers /| /|
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 ANSWERS ✔✔B. Promote public
/| /| /| /| /| /| /|
understanding and confidence in the business of real estate /| /| /| /| /| /| /| /| /|
brokerage. The purpose of the Maine Real Estate Commission is to
/| /| /| /| /| /| /| /| /| /| /|
promote public understanding and confidence in the business of
/| /| /| /| /| /| /| /| /|
real estate brokerage.
/| /|
The Maine Real Estate Commission consists of:
/| /| /| /| /| /|
A. 4 industry members and 2 public members.
/| /| /| /| /| /| /|
B. 2 industry members and 4 public members.
/| /| /| /| /| /| /|
C. 4 industry members and 4 public members.
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D. 2 industry members and 2 public members. - CORRECT
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ANSWERS ✔✔4 industry members and 2 public members. The
/| /| /| /| /| /| /| /| /|
Maine Real Estate Commission consists of 4 industry members and
/| /| /| /| /| /| /| /| /|
2 public members.
/| /| /|
,True or False: The maximum fine that may be imposed by the
/| /| /| /| /| /| /| /| /| /| /| /|
Maine Real Estate Commission is $1000 per violation.
/| /| /| /| /| /| /|
A. TRUE
/|
B. FALSE - CORRECT ANSWERS ✔✔FALSE - This is a false
/| /| /| /| /| /| /| /| /| /| /|
statement. The maximum fine is $2000 per violation.
/| /| /| /| /| /| /|
True or False: If a real estate licensee violates Maine real estate
/| /| /| /| /| /| /| /| /| /| /| /|
law, his real estate license may be suspended by the Maine Real
/| /| /| /| /| /| /| /| /| /| /| /|
Estate Commission. /|
A. TRUE
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B. FALSE - CORRECT ANSWERS ✔✔TRUE
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True or False: If a real estate licensee violates Maine real estate
/| /| /| /| /| /| /| /| /| /| /| /|
law, his real estate license may be revoked by the Maine Real
/| /| /| /| /| /| /| /| /| /| /| /|
Estate Commission. /|
A. TRUE
/|
B. FALSE - CORRECT ANSWERS ✔✔TRUE - The commission may
/| /| /| /| /| /| /| /| /| /|
revoke a licensee's real estate license.
/| /| /| /| /|
How many industry members serve on the Maine Real Estate
/| /| /| /| /| /| /| /| /| /|
Commission?
A. 2
/|
B. 4
/|
C. 6
/|
D. 8 - CORRECT ANSWERS ✔✔4 industry members serve on the
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Maine Real Estate Commission.
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, How many public members serve on the Maine Real Estate
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Commission?
A. 2 /|
B. 4 /|
C. 6 /|
D. 8 - CORRECT ANSWERS ✔✔2 public members serve on the
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Maine Real Estate Commission.
/| /| /|
The day-to-day business of the Maine Real Estate Commission is
/| /| /| /| /| /| /| /| /| /|
managed by the: /| /|
A. Maine Senate.
/| /|
B. Maine House of Representatives.
/| /| /| /|
C. Director of the Maine Real Estate Commission.
/| /| /| /| /| /| /|
D. Attorney General of the state of Maine. - CORRECT ANSWERS
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✔✔Director of the Maine Real Estate Commission. - The Director
/| /| /| /| /| /| /| /| /| /|
manages the day-to-day business of the Maine Real Estate
/| /| /| /| /| /| /| /| /|
Commission.
In Maine, a resale certificate is delivered to the buyer of a(n):
/| /| /| /| /| /| /| /| /| /| /|
A. Single-family property.
/| /|
B. Parcel of vacant land.
/| /| /| /|
C. Apartment in a cooperative.
/| /| /| /|
D. Condominium unit. - CORRECT ANSWERS ✔✔Condominium unit.
/| /| /| /| /| /| /|
The town of Cape Elizabeth, Maine has a document that serves as
/| /| /| /| /| /| /| /| /| /| /| /|
a guide for public and private land use within the town. This
/| /| /| /| /| /| /| /| /| /| /| /|
document is called a: /| /| /|