Maine Revised Statutes

§13173. Agency license qualifications

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.
[ 1987, c. 395, Pt. A, §212 (NEW) .]
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.
[ 1987, c. 395, Pt. A, §212 (NEW) .]
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.
[ 1987, c. 395, Pt. A, §212 (NEW) .]
4. Nonresidents.  The following applies to nonresidents.
A. Nonresident applicants shall hold a similar license in good standing and maintain an active place of business in its resident jurisdiction. [1987, c. 395, Pt. A, §212 (NEW).]
B. [2013, c. 217, Pt. K, §6 (RP).]
[ 2013, c. 217, Pt. K, §6 (AMD) .]
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.
[ 1987, c. 395, Pt. A, §212 (NEW) .]
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.
[ 2011, c. 286, Pt. J, §1 (AMD) .]
1987, c. 395, §A212 (NEW). 1999, c. 129, §7 (AMD). 1999, c. 129, §16 (AFF). 2011, c. 286, Pt. J, §1 (AMD). 2013, c. 217, Pt. K, §6 (AMD).

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