Maine License Law
In Maine, a real estate licensee who is found guilty of fraud in a real estate transaction may face:
AOnly a written warning
BLicense suspension or revocation and possible fines✓ Correct
CMandatory additional continuing education only
DNo penalties if it is a first offense
Explanation
The Maine Real Estate Commission may suspend or revoke a license and impose fines on any licensee found guilty of fraud, misrepresentation, or other violations of the license law.
Related Maine Maine License Law Questions
- Maine license law requires a licensee to disclose their license status when:
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