Maine Real Estate questions with correct answers

The maximum security deposit a landlord may take on is CORRECT ANSWER Up to two months rent Which real estate player estimates the value of real property? CORRECT ANSWER Appraiser When doing a CMA (Comparative Market Analysis) a licensee must reconcile the adjusted prices of the comparable. This means: CORRECT ANSWER Exercising professional judgement to find a final estimate of value An owner-occupied three-family property is being sold. There are tenants in two of the units. The Purchase and Sale Agreement states that the two tenants will remain in possession of their units until the end of their respective leases, and that possession and occupancy of the owner's unit will be given at closing. This means that: CORRECT ANSWER The owner's unit will be vacant, while the other two tenants will remain until their lease runs out The Maine Real Estate Commission allow a licensee to disclose the terms of a contract to someone not a party of the contract: CORRECT ANSWER If there is written permission from both the buyer and seller to the director of the commision Protected classes under the Federal Fair Housing Law include: CORRECT ANSWER Race