Maine Statutes

§ 32 §13177-B — Unfair agreements to list residential real estate

Maine·Title 32 PROFESSIONS AND OCCUPATIONS·Ch. 114 REAL ESTATE BROKERAGE LICENSE ACT
1.Definitions. As used in this section, unless the context otherwise indicates, the following terms have the following meanings.
2.Prohibited agreements. A provider may not enter into or offer to enter into a long‑term agreement that purports to:
3.Unfair trade practice. A violation of subsection 2 is a violation of the Maine Unfair Trade Practices Act.
4.Unenforceable; recording prohibited. A long‑term agreement in violation of subsection 2 is unenforceable. A person may not record or cause to be recorded a long‑term agreement in violation of subsection 2. A long‑term agreement in violation of subsection 2 recorded in the State does not provide actual or constructive notice against an otherwise bona fide purchaser or creditor. If a long‑term agreement is recorded in violation of this

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Legislative History

PL 2023, c. 290, §1 (NEW).

Nearby Sections

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