Maine License Law
In Maine, an 'active' license means the licensee:
AHas sold at least one property in the past year
BIs currently affiliated with a licensed brokerage and may perform licensed services for compensation✓ Correct
CHas paid all their professional dues
DHas completed advanced training
Explanation
An active Maine real estate license means the licensee is properly affiliated with a licensed brokerage (for salespersons and associate brokers) and is authorized to perform real estate services for compensation.
Related Maine Maine License Law Questions
- Maine license law prohibits a real estate broker from:
- Maine license law requires licensees to keep their real estate education records for how long?
- Maine licensees are required to take 'ethical' continuing education courses. The primary purpose of real estate ethics education is to:
- Maine license law defines 'material fact' in real estate as:
- A Maine real estate company must have its trust account in a federally insured institution located:
- In Maine, a real estate broker who operates from their home must:
- A Maine broker who accepts an 'advance fee' from a seller before the property sells must:
- In Maine, a licensee who represents the seller in a transaction where the buyer is unrepresented owes the unrepresented buyer:
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