Maine License Law

In Maine, a person who negotiates the sale of real estate without a license is subject to:

AA written warning from the MREC
BCivil fines and potential criminal penalties✓ Correct
CMandatory 55-hour education only
DNo penalty if the transaction closes successfully

Explanation

Practicing real estate without a license in Maine can result in civil fines and potential criminal penalties under Title 32 MRSA Chapter 114.

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