Section 13173 - Agency license qualifications1.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).]
Amended by 2013, c. 217,§ K-6, eff. 10/9/2013.Amended by 2011, c. 286,§ J-1, eff. 9/28/2011.1987, c. 395, §A212 (NEW) . 1999, c. 129, § 16 (AFF) . 1999, c. 129, § 7 (AMD) .