| | | Sec. 10. 32 MRSA §13199, sub-§2, as amended by PL 1999, c. 129, §12 | | and affected by §16, is repealed. |
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| | | Sec. 11. 32 MRSA §13199, sub-§2-A is enacted to read: |
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| | | 2-A.__Professional qualifications. Each applicant for an | | associate broker license must have practiced as a real estate | | sales agent for 2 years within the 5 years immediately preceding | | the date of application and satisfactorily completed a course of | | study meeting guidelines established by the commission.__The | | commission may not issue a license under this section until an | | individual has completed 2 years as a licensed real estate sales | | agent. |
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| | | Sec. 12. 32 MRSA §13200, sub-§2, as enacted by PL 1987, c. 395, Pt. A, | | §212, is amended to read: |
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| | | 2. Professional qualification. Each applicant for a sales | agent license shall meet one of the following qualifications.: |
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| | | A. The applicant shall satisfactorily complete a course of | | study of at least 84 hours, meeting commission established | guidelines.; and |
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| | B. The applicant may shall appear at such time and place as | | the director may designate for the purpose of a written | | sales agent examination. |
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| | | Sec. 13. 33 MRSA §171, sub-§§2 and 4, as enacted by PL 1999, c. 476, | | §1, are amended to read: |
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| | | 2. Seller. "Seller" means the owner of the residential real | | property that is for sale, exchange, sale under an installment | | contract or lease with an option to buy or the seller's licensed | | real estate brokerage agency as defined in Title 32, section | | 13271, subsection 10. |
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| | | 4. Purchaser. "Purchaser" means a transferee in any of the | | types of transactions described in section 172 or the purchaser's | | licensed real estate brokerage agency as defined in Title 32, | | section 13271, subsection 10. |
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| | | Sec. 14. 33 MRSA §172, first ¶, as enacted by PL 1999, c. 476, §1, is | | amended to read: |
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| | | This subchapter applies to the transfer of any interest in | | residential real property, whether by sale, exchange, installment | | land contract, lease with an option to purchase or any other | option to purchase, when the transaction is without the | assistance of a person licensed to practice real estate |
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