Maine Real Estate Law and Rule Handbook

Book excerpt: Maine Real Estate Law and Rules Handbook is designed as a reference and study aid for students taking licensing courses and practicing licensees. The handbook reprints most applicable statues and rules with the added feature of an extensive table of contents that facilitates locating information. The exact text of all statues and rules has been included with the intent of creating an educational tool more than a legal reference book. As such, some extraneous references and repealed sections have been eliminated, making the book efficient and “user friendly.”This Handbook has application to all three licensing courses currently offered in Maine: Sales Agent, Associate Broker, and Designated Broker as well as many continuing education programs. In addition, licensees will find the handbook a handy guide to their daily practice of real estate brokerage in Maine.Included are MRS Title 32, Chapter 114—the Real Estate Brokerage License Act and the rules adopted by the Maine Real Estate Commission. Additionally, MRS Title 5, Chapter 341 and MRS Title 10, Chapter 901 are included as reference to laws pertaining to all professional licensing in Maine.