Maine Statutes
§ 32 §13177-B — Unfair agreements to list residential real estate
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
3
§ 32 §13177
Real estate brokerage contracts§ 32 §13177-A
Brokerage agreements§ 32 §13177-B
Unfair agreements to list residential real estate