Maine Real Estate License Practice Exam /
Questions & Expertly Verified Answers, 2025 /
2026.
Terms in this set (250)
,The industry members on D. Licensees who have held a broker or associate broker license
the Maine Real Estate for a minimum of five years
Commission are:
a. Citizens with
noconnection to the real
estate business
b. The director of the
realestate commission and
three legislators
c. Designated
brokersfrom four different
counties
d. Licensees who
haveheld a broker or
associate broker license
for a minimum of five
years
The Maine Real Estate a. Suspend or revoke a real estate license
Commission has the
power to:
a. Suspend or revoke
areal estate license
b. Impose a
criminalpenalty of up to
$10,000 and one year in jail
c. Do nothing, all
penaltiesmust be decided in
court
d. Set fees of any
amount
,
, The Maine Real Estate a. Impose fines on licensees in violation of the law
Commission has the
power to:
a. Impose fines
onlicensees in violation of
the law
b. Require sellers to
makeproperty disclosures
c. Have buyers sign
buyeragency agreements
d. Take the
licenseescommission away
for no just cause
The Maine Real Estate a. Innocent misrepresentation
Commission may not impose
disciplinary sanctions when a
person is guilty of:
a. Innocent
misrepresentation b.
Puffing
c. Class A, B or C crime
d. Concealment
ofpertinent information
Questions & Expertly Verified Answers, 2025 /
2026.
Terms in this set (250)
,The industry members on D. Licensees who have held a broker or associate broker license
the Maine Real Estate for a minimum of five years
Commission are:
a. Citizens with
noconnection to the real
estate business
b. The director of the
realestate commission and
three legislators
c. Designated
brokersfrom four different
counties
d. Licensees who
haveheld a broker or
associate broker license
for a minimum of five
years
The Maine Real Estate a. Suspend or revoke a real estate license
Commission has the
power to:
a. Suspend or revoke
areal estate license
b. Impose a
criminalpenalty of up to
$10,000 and one year in jail
c. Do nothing, all
penaltiesmust be decided in
court
d. Set fees of any
amount
,
, The Maine Real Estate a. Impose fines on licensees in violation of the law
Commission has the
power to:
a. Impose fines
onlicensees in violation of
the law
b. Require sellers to
makeproperty disclosures
c. Have buyers sign
buyeragency agreements
d. Take the
licenseescommission away
for no just cause
The Maine Real Estate a. Innocent misrepresentation
Commission may not impose
disciplinary sanctions when a
person is guilty of:
a. Innocent
misrepresentation b.
Puffing
c. Class A, B or C crime
d. Concealment
ofpertinent information
