MAINE REAL ESTATE LICENSE
PRACTICE EXAM PART 1 2026 WITH
REAL QUESTIONS AND VERIFIED
CORRECT ANSWERS | MCQs | ALREADY
GRADED A+ | GUARANTEED SUCCESS |
MAINE REAL ESTATE LICENSE LATEST
EXAM 2026
Section 1 - Maine Real Estate Commission (2)
A licensee may lose their license for conduct which shows
a. Dishonesty
b. Dealing in bad faith
c. Incompetency
d. All of the above - ANSWER-D. All of the above. Dishonest, dealing in bad
faith, incompetency
Leo Allster is a licensee who was convicted of embezzlement of funds from his
Designated Broker. Leo must
a. Report his conviction to the Maine Real Estate Commission within ten days
b. Surrender his real estate license immediately
c. Pay a $2,000 fine to the Maine Real Estate Commission
,d. Secure independent errors and omissions insurance to continue to practice in
Maine - ANSWER-a. Report his conviction to the Maine Real Estate
Commission within ten days
Which of the following is not a function of the Maine Real Estate Commission?
a. Determine the type of agency relationships that a company will practice
b. Conduct hearings
c. Establish the fees it will charge
d. Adopt rules governing the practice of real estate - ANSWER-a. Determine
the type of agency relationships that a company will practice
The Director of the Maine Real Estate Commission is responsible for which of
the following:
a. Initiating disciplinary action and fining licensees for prohibited conduct
b. Determining protocol and conducting the Maine Real Estate Commission
meetings
c. Making rules and policy in regards to Maine real estate law
d. Managing the Commission affairs - ANSWER-d. Managing the Commission
affairs
For how many years is an Associate Broker license valid for:
a. 1
b. 2
c. 4
d. 5 - ANSWER-B. 2
, How many continuing education credits must a licensee complete within a two
year period to renew an Associate Broker or Broker license in Maine?
a. 9
b. 12
c. 18
d. 21 - ANSWER-D. 21
How old must a candidate be to apply for a Sales Agent license in the state of
Maine?
a. 18 with a high school diploma or GED
b. 21 with a college degree in real estate
c. 18 and a permanent resident of Maine
d. 21 and a high school graduate - ANSWER-a. 18 with a high school diploma
or GED
. Mark Swanson from Skowhegan has a Sales Agent license in the state of
Maine that will expire on September 30. Which of the following is true?
a. He must stop practicing real estate of October 1
b. He may apply for a Broker's license as long as he completes the course prior
to or on November 30
c. He must complete the required education for an Associate Broker's license
prior to or on September 30
d. He can apply for a one year extension due to documented extenuating
circumstances - ANSWER-d. He can apply for a one year extension due to
documented extenuating circumstances
The Maine Real Estate Commission has how many public members?
PRACTICE EXAM PART 1 2026 WITH
REAL QUESTIONS AND VERIFIED
CORRECT ANSWERS | MCQs | ALREADY
GRADED A+ | GUARANTEED SUCCESS |
MAINE REAL ESTATE LICENSE LATEST
EXAM 2026
Section 1 - Maine Real Estate Commission (2)
A licensee may lose their license for conduct which shows
a. Dishonesty
b. Dealing in bad faith
c. Incompetency
d. All of the above - ANSWER-D. All of the above. Dishonest, dealing in bad
faith, incompetency
Leo Allster is a licensee who was convicted of embezzlement of funds from his
Designated Broker. Leo must
a. Report his conviction to the Maine Real Estate Commission within ten days
b. Surrender his real estate license immediately
c. Pay a $2,000 fine to the Maine Real Estate Commission
,d. Secure independent errors and omissions insurance to continue to practice in
Maine - ANSWER-a. Report his conviction to the Maine Real Estate
Commission within ten days
Which of the following is not a function of the Maine Real Estate Commission?
a. Determine the type of agency relationships that a company will practice
b. Conduct hearings
c. Establish the fees it will charge
d. Adopt rules governing the practice of real estate - ANSWER-a. Determine
the type of agency relationships that a company will practice
The Director of the Maine Real Estate Commission is responsible for which of
the following:
a. Initiating disciplinary action and fining licensees for prohibited conduct
b. Determining protocol and conducting the Maine Real Estate Commission
meetings
c. Making rules and policy in regards to Maine real estate law
d. Managing the Commission affairs - ANSWER-d. Managing the Commission
affairs
For how many years is an Associate Broker license valid for:
a. 1
b. 2
c. 4
d. 5 - ANSWER-B. 2
, How many continuing education credits must a licensee complete within a two
year period to renew an Associate Broker or Broker license in Maine?
a. 9
b. 12
c. 18
d. 21 - ANSWER-D. 21
How old must a candidate be to apply for a Sales Agent license in the state of
Maine?
a. 18 with a high school diploma or GED
b. 21 with a college degree in real estate
c. 18 and a permanent resident of Maine
d. 21 and a high school graduate - ANSWER-a. 18 with a high school diploma
or GED
. Mark Swanson from Skowhegan has a Sales Agent license in the state of
Maine that will expire on September 30. Which of the following is true?
a. He must stop practicing real estate of October 1
b. He may apply for a Broker's license as long as he completes the course prior
to or on November 30
c. He must complete the required education for an Associate Broker's license
prior to or on September 30
d. He can apply for a one year extension due to documented extenuating
circumstances - ANSWER-d. He can apply for a one year extension due to
documented extenuating circumstances
The Maine Real Estate Commission has how many public members?
