Maine real estate()Questions & Answers 100% Correct(SCORED A+)

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? - ANSWER18 What is the maximum fine that LUPC can impose for a violation? - ANSWER$10k per day Shoreland areas include area within how many feet of the normal high-water line of great pond? - ANSWER250 feet how many hours must you attend classroom training in order to apply for an assc broker lic? - ANSWER60 How must a real estate brokerage agency's trade name be displayed in advertising? - ANSWERProminently displayed Who is responsible for the management of the Maine Real Estate Commission affairs? - ANSWERThe Director Shoreland areas include area within how many feet of the high-water line of a stream? - ANSWER250 What level of re lic may only be granted after the lic has completed 2 yrs as a lic re sales agent? - ANSWERassociate How many hours of CEmust an assocbroker complete in a two year period? - ANSWER21 What type of listing is prohibited in Maine? - ANSWERnet listing How long must a DB retain copies of paperwork re a closed real estate transaction? - ANSWER3 yr Whose duty is it to oversee all ads placed by any affil licensee of an agency? - ANSWERDB What is the maximum fine that may be assessed bythe Maine Real Estate Commission? - ANSWER$2000 How many public members serve on the Maine Real Estate Commission? - ANSWER2 Whose duty is it to oversee the filing, storage and maintenance of real estate documents? - ANSWERDB What grade must you receive in the Sales Agent Course in order to pass the course? - ANSWER75 For how many hours must you attend training in order to apply for a sales agent license? - ANSWER55 What does it mean to commingle funds? - ANSWERMixing funds belonging to the re brokerage ag with funds belonging to clients and other persons