Maine License Law
In Maine, a licensee who is also a property owner and lists their own home must disclose to buyers that:
AOnly the square footage and age
BThey are a licensed real estate agent and the owner of the property✓ Correct
CThe commission rate they are paying themselves
DTheir original purchase price
Explanation
Maine license law requires licensees who are selling their own property to disclose their licensed status to buyers, ensuring transparency in the transaction.
Related Maine Maine License Law Questions
- Maine license law requires that a 'team name' used by real estate agents within a brokerage:
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