H.P. 1028 - L.D. 1450
An Act to Amend Agency Disclosure within the Real Estate Brokerage Laws
Be it enacted by the People of the State of Maine as follows:
Sec. 1. 32 MRSA §13279, as enacted by PL 1993, c. 679, §1, is amended to read:
§13279. Real estate brokerage agency disclosure required
A real estate brokerage agency shall provide in a timely manner to buyers and sellers of residential real property a meaningful, written real estate brokerage agency relationship disclosure form as defined and mandated by rules adopted by the commission. For purposes of this section, "residential real property" means real estate consisting of not less than one nor more than 4 residential dwelling units.
Effective September 18, 1999, unless otherwise indicated.
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