Maine License Law
Under Maine license law, a broker who allows their license to lapse but continues to practice real estate is:
AOperating legally as a courtesy to existing clients
BPracticing without a license, subject to civil and criminal penalties✓ Correct
CProtected if they apply for renewal within 30 days
DPermitted to assist clients but not collect commission
Explanation
Practicing real estate with a lapsed license in Maine is the equivalent of practicing without a license, which is a violation subject to civil fines and potential criminal penalties under Title 32 MRSA.
Related Maine Maine License Law Questions
- Which state agency regulates real estate licenses in Maine?
- In Maine, what is the license renewal period for real estate licensees?
- A Maine real estate license applicant must be at least how old?
- Maine reciprocity agreements allow licensed real estate agents from which states to obtain a Maine license more easily?
- A Maine real estate licensee who receives an offer while the seller is traveling must:
- A Maine real estate licensee who actively solicits listed properties in violation of a seller's 'Do Not Contact' preference may be:
- In Maine, a real estate licensee who is found guilty of fraud in a real estate transaction may face:
- The Maine Real Estate Commission's authority to regulate licensees derives from:
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