Maine Real Estate Law questions with correct answers

Call bids at a real estate auction. CORRECT ANSWER In Maine, a person without a real estate license may: A single instance of offering, attempting to conduct, or conducting real estate services on behalf of another for compensation. CORRECT ANSWER Under Maine law, "real estate brokerage' means: Prospective clients at the time of entering into a brokerage agreement. CORRECT ANSWER In Maine an agency that has a company policy that permits disclosed dual agency must provide a disclosed dual agency consent agreement to: In writing. Property disclosure must be provided in writing. Maine law does not require anyone to sign the disclosure. However, most designated brokers require the signature of the seller. CORRECT ANSWER In Maine, property disclosure must be: The location of the private water supply. Since there is a residential component to the property, the licensee must ask the seller about the private water supply. CORRECT ANSWER Jill lists a convenience store with an apartment on the second floor. Jill must ask the seller for disclosure information on: Malfunctions within the past two years COR