Maine License Law
A Maine licensee who fails to disclose a known material defect in a property they personally own and are selling may be subject to:
AOnly civil liability to the buyer
BBoth civil liability and MREC disciplinary action✓ Correct
COnly MREC disciplinary action
DNo liability if the property was sold as-is
Explanation
A Maine licensee who conceals a known material defect in a property they are selling faces both civil liability (fraud, misrepresentation) and MREC disciplinary action for violations of license law.
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