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Real Estate Salesperson Exam — National Portion

Agreements (ME): practice questions

Our Real Estate (National) bank has 3 questions on this topic. Here are 3 of them with answers; the full mock exam draws from every topic, like the real one.

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Question 1 · Maine

How long after expiration may a Maine brokerage agreement extend the agency's right to a fee?

  1. 30 days
  2. 90 days
  3. 6 months
  4. One year
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C. 6 months — 32 M.R.S. 13177-A(2).

Question 2 · Maine

What statement must a Maine brokerage agreement contain about the relationship?

  1. That it creates an agency relationship
  2. That the agent is only a facilitator
  3. That no duties are owed to the client
  4. That fees are set by state law
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A. That it creates an agency relationship — 32 M.R.S. 13177-A(2)(E).

Question 3 · Maine

What must every Maine written brokerage agreement include?

  1. An automatic renewal
  2. An expiration date
  3. A 6% commission
  4. The buyer's name
Show the answer

B. An expiration date — 32 M.R.S. 13177-A(2)(D).

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