Maine License Law
Under Maine real estate law, a licensee who comingles client funds with personal funds may face:
AOnly a warning letter
BLicense suspension or revocation✓ Correct
CMandatory retraining only
DA civil lawsuit from the Commission
Explanation
Commingling client funds with personal funds is a serious violation in Maine. A licensee may face license suspension or revocation, as well as civil and criminal penalties.
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Key Terms to Know
Math Concepts
State-Specific Concepts
License Law
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