Maine License Law
In Maine, a licensee operating under a 'limited service agreement' must:
AProvide all services required for a full brokerage relationship
BDisclose in writing which services will and will not be provided✓ Correct
CCharge a lower commission by law
DObtain special MREC approval for each limited service transaction
Explanation
Maine law requires that limited service agreements clearly state in writing which services the broker will and will not provide, so the client understands exactly what assistance they will receive.
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