Maine § 32 §13173 Agency license qualifications

Maine Statutes

§ 32 §13173 — Agency license qualifications

Maine·Title 32 PROFESSIONS AND OCCUPATIONS·Ch. 114 REAL ESTATE BROKERAGE LICENSE ACT

1.Designated broker. The owner or a duly authorized agency official shall hold a Maine real estate broker license and be designated by the agency to act for it in the conduct of real estate brokerage.

2.Employees. Every person employed by or on behalf of the agency in the performance of real estate brokerage shall be properly licensed under this chapter.

3.Reputation. The agency and its owner or principal officers, if previously engaged in any business, shall bear a good reputation for honesty, truthfulness, fair dealing and competency.

4.Nonresidents. The following applies to nonresidents.

5.Place of business. Every agency holding an active license shall maintain a fixed and definite place of business where its designated broker and employees may be personally contacted without unrea

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1.
Designated broker.
The owner or a duly authorized agency official shall hold a Maine real estate broker license and be designated by the agency to act for it in the conduct of real estate brokerage.
2.
Employees.
Every person employed by or on behalf of the agency in the performance of real estate brokerage shall be properly licensed under this chapter.
3.
Reputation.
The agency and its owner or principal officers, if previously engaged in any business, shall bear a good reputation for honesty, truthfulness, fair dealing and competency.
4.
Nonresidents.
The following applies to nonresidents.
5.
Place of business.
Every agency holding an active license shall maintain a fixed and definite place of business where its designated broker and employees may be personally contacted without unreasonable delay.
6.
Branch office.
Other locations that are advertised as locations where the public may contact the agency or its employees concerning brokerage services must be licensed as a branch office.

Maine § 32 §13173 (Agency license qualifications) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

PL 1987, c. 395, §A212 (NEW). PL 1999, c. 129, §7 (AMD). PL 1999, c. 129, §16 (AFF). PL 2011, c. 286, Pt. J, §1 (AMD). PL 2013, c. 217, Pt. K, §6 (AMD).