Social Science Law Civil Law
Maine Real Estate Law
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Maine real estate Promissory Estoppel section 7 Checkl
56 terms 23 terms 22 terms 33 terms
P tcox2353 Preview taylormellon24 Preview makensiebush6 Preview mar
Any person transferring property with a subsurface waste A. The closing
water disposal system located within the shoreland area
must provide to the buyer a written statement by the
seller as to whether the system has malfunctioned during
the 180 days preceding the date of:
A. The closing.
B. The effective date of the Purchase and Sale
Agreement.
C. The home inspection.
D. Final mortgage approval.
The best way for a licensee to determine the boundaries D. Have the property surveyed by a licensed surveyor.
of a property is to:
A. Walk the property with the seller to locate the
monuments.
B. Check the records at town hall.
C. Ask the seller.
D. Have the property surveyed by a licensed surveyor.
Betty wants to purchase a seasonal property with an B. Contact the local plumbing inspector and apply for a seasonal conversion
onsite sewage disposal system in a shoreland zone and permit.
convert it to her year-round residence. As her agent, you
advise her to first:
A. Meet with the town code enforcement officer to apply
for a permit.
B. Contact the local plumbing inspector and apply for a
seasonal conversion permit.
C. Request a non-conforming use permit from the local
zoning board.
D. Request a permit from the Department of
Environmental Protection.
, Bill purchases his neighbor's farmhouse and learns there B. Notify the department of environmental protection of the change in ownership.
is a metal underground storage tank on the property. Bill
has 10 days to:
A. Dig up and replace the tank.
B. Notify the Department of Environmental Protection of
the change in ownership.
C. Notify his neighbors of his intentions regarding his use
of the tank.
D. Discontinue use of the tank.
Your answer: B. Notify the Department of Environmental
Protection of the change in ownership.
Carryover clause Allows the broker to collect a commission for 6 months after the listing expires.
City/Town Hall Sources of information for
property tax information including exemptions,
property card with assesors information,
building permits,
zoning,
septic permits,
code enforcement records
Condominium associations must furnish a certificate B. Within 10 days
containing the information required for the unit owner to
comply with the Maine Condominium Act:
A. At least 3 days prior to the closing.
B. Within 10 days of the request of the unit owner.
C. Before the property is listed for sale.
D. Within 3 days of notification of the contract for sale.
County Registry of Deeds Sources of information for Deeds, Easements, Leins, plats for subdivision,
mortgages and discharges.
For what minimum period of time must a real estate 1 year.
brokerage agency retain copies of rejected offers and
counteroffers?
Henry purchases a camp in an unorganized township in A. Land Use Planning Commission
Maine. He plans to expand the camp and live there after
he retires. Which agency would he contact to obtain a
building permit?
A. Land Use Planning Commission
B. Department of Fisheries and Wildlife
C. Attorney General's office
D. Department of Environmental Protection
Maine Real Estate Law
Save
Students also studied
Maine real estate Promissory Estoppel section 7 Checkl
56 terms 23 terms 22 terms 33 terms
P tcox2353 Preview taylormellon24 Preview makensiebush6 Preview mar
Any person transferring property with a subsurface waste A. The closing
water disposal system located within the shoreland area
must provide to the buyer a written statement by the
seller as to whether the system has malfunctioned during
the 180 days preceding the date of:
A. The closing.
B. The effective date of the Purchase and Sale
Agreement.
C. The home inspection.
D. Final mortgage approval.
The best way for a licensee to determine the boundaries D. Have the property surveyed by a licensed surveyor.
of a property is to:
A. Walk the property with the seller to locate the
monuments.
B. Check the records at town hall.
C. Ask the seller.
D. Have the property surveyed by a licensed surveyor.
Betty wants to purchase a seasonal property with an B. Contact the local plumbing inspector and apply for a seasonal conversion
onsite sewage disposal system in a shoreland zone and permit.
convert it to her year-round residence. As her agent, you
advise her to first:
A. Meet with the town code enforcement officer to apply
for a permit.
B. Contact the local plumbing inspector and apply for a
seasonal conversion permit.
C. Request a non-conforming use permit from the local
zoning board.
D. Request a permit from the Department of
Environmental Protection.
, Bill purchases his neighbor's farmhouse and learns there B. Notify the department of environmental protection of the change in ownership.
is a metal underground storage tank on the property. Bill
has 10 days to:
A. Dig up and replace the tank.
B. Notify the Department of Environmental Protection of
the change in ownership.
C. Notify his neighbors of his intentions regarding his use
of the tank.
D. Discontinue use of the tank.
Your answer: B. Notify the Department of Environmental
Protection of the change in ownership.
Carryover clause Allows the broker to collect a commission for 6 months after the listing expires.
City/Town Hall Sources of information for
property tax information including exemptions,
property card with assesors information,
building permits,
zoning,
septic permits,
code enforcement records
Condominium associations must furnish a certificate B. Within 10 days
containing the information required for the unit owner to
comply with the Maine Condominium Act:
A. At least 3 days prior to the closing.
B. Within 10 days of the request of the unit owner.
C. Before the property is listed for sale.
D. Within 3 days of notification of the contract for sale.
County Registry of Deeds Sources of information for Deeds, Easements, Leins, plats for subdivision,
mortgages and discharges.
For what minimum period of time must a real estate 1 year.
brokerage agency retain copies of rejected offers and
counteroffers?
Henry purchases a camp in an unorganized township in A. Land Use Planning Commission
Maine. He plans to expand the camp and live there after
he retires. Which agency would he contact to obtain a
building permit?
A. Land Use Planning Commission
B. Department of Fisheries and Wildlife
C. Attorney General's office
D. Department of Environmental Protection
