Maine License Law
A Maine real estate licensee who is also the buyer in a transaction they are helping purchase must:
AWithdraw from the transaction
BDisclose in writing that they are a licensed real estate agent✓ Correct
CUse a different brokerage to represent themselves
DGet MREC pre-approval for the purchase
Explanation
Maine licensees must disclose in writing that they hold a real estate license when they are purchasing property. This disclosure allows the other party to know they are dealing with a real estate professional.
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