Maine Agency
Practice Questions & Answers (2026)
Agency law is one of the most tested subjects on the Maine real estate exam, and it's also one of the most misunderstood. The Maine Real Estate Commission expects licensees to understand the legal duties owed to clients vs. customers, and the specific timing of required disclosures under Maine law. Study these questions carefully — candidates who rely on national agency frameworks and don't account for ME-specific rules are among the most common failures on the state portion.
Updated May 2026 · Maine Real Estate Commission exam outline
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Maine Agency — Practice Questions & Answers
130 questions on Agency from the Maine real estate question bank. First 10 are free — sign up to unlock all 130.
Q1. In Maine, a 'buyer's agent' owes fiduciary duties exclusively to:
Explanation
A buyer's agent in Maine owes full fiduciary duties — including loyalty, confidentiality, disclosure, obedience, and reasonable care — exclusively to the buyer.
Q2. Under Maine agency law, a 'facilitator' (transaction broker) may:
Explanation
A facilitator (transaction broker) in Maine assists both parties with the transaction without representing either as a fiduciary, providing ministerial acts only.
Q3. Maine law requires that agency disclosure be provided to consumers:
Explanation
Maine law requires that agency disclosure be made at the first substantive contact or meeting with a consumer to inform them about the nature of the agency relationship.
Q4. A Maine licensee who represents a seller must disclose to all buyers:
Explanation
A seller's agent in Maine must disclose all known material defects of the property to buyers, as failing to do so could constitute misrepresentation.
Q5. Dual agency in Maine is:
Explanation
Dual agency is permitted in Maine only with the informed written consent of both the buyer and seller. The licensee must disclose the limitations of dual representation.
Q6. The fiduciary duty of 'accounting' in a Maine agency relationship requires the agent to:
Explanation
The duty of accounting requires the agent to keep careful records of and account for all money and property received on behalf of the client — including earnest money and deposits.
Q7. In Maine, which document must be provided to a consumer at the first substantive contact in a real estate transaction?
Explanation
Maine law requires licensees to provide the Informed Consumer Choice Disclosure Notice at the first substantive contact, explaining the types of agency relationships available.
Q8. Under Maine agency law, a seller's agent owes which duty to the buyer?
Explanation
Even though a seller's agent represents the seller, Maine law requires disclosure of all material facts about the property to all parties, including buyers.
Q9. In Maine, what is a 'designated agent'?
Explanation
In Maine, designated agency allows a brokerage to appoint specific licensees to represent the buyer and seller respectively in an in-house transaction, avoiding dual agency conflicts.
Q10. A buyer's agent in Maine owes the buyer the duty of:
Explanation
A buyer's agent owes the buyer full fiduciary duties including undivided loyalty, confidentiality, disclosure of all relevant information, obedience to lawful instructions, reasonable care, and accounting.
Q11. Under Maine law, a seller's agent must disclose to the seller:
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