Maine Statutes
§ 32 §13180 — Termination of employment
When any broker, associate broker or real estate sales agent is discharged or terminates employment with a brokerage agency, the designated broker shall immediately send a communication to the last known address of the broker, associate broker or sales agent advising the broker, associate broker or sales agent that the commission has been notified. The designated broker shall deliver a copy of the communication to the commission.
Upon receipt of the notice of termination by the licensee, the license is void and may only be reinstated or placed on inactive status after proper application and payment of the prescribed fee. It is unlawful for any broker, associate broker or real estate sales agent to perform any brokerage services without first receiving a new active license.
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Legislative History
PL 1987, c. 395, §A212 (NEW). PL 2017, c. 210, Pt. F, §2 (AMD).
Nearby Sections
15
§ 32 §13171
Real estate brokerage agency§ 32 §13172
Original application§ 32 §13173
Agency license qualifications§ 32 §13174
License denial§ 32 §13175
Agency changes§ 32 §13176
Trade names§ 32 §13177
Real estate brokerage contracts§ 32 §13177-A
Brokerage agreements§ 32 §13177-B
Unfair agreements to list residential real estate§ 32 §13178
Trust accounts§ 32 §13179
Supervision of employees§ 32 §13180
Termination of employment§ 32 §13181
Contents; display§ 32 §13182
Agency license renewal§ 32 §13183
Acts authorized