§13280. Real Estate Commission rules

Link to law: http://legislature.maine.gov/legis/statutes/32/title32sec13280.html
Published: 2015

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§13280. Real Estate Commission rules






The commission shall adopt rules setting forth criteria necessary to the implementation
of this subchapter. The rules must include, but are not limited to, the following: [1993, c. 679, §1 (NEW).]








1. Disclosure. 
Those aspects of the services of a real estate brokerage agency and its affiliated
licensees that must be disclosed to a client; and


[
1993, c. 679, §1 (NEW)
.]








2. Handling of information. 
Procedures to be followed by a real estate brokerage agency and its affiliated licensees
to prevent the mishandling of information and undisclosed dual agency in the representation
of clients. In adopting these rules, the commission shall consider the formal and
informal sharing of information within a real estate brokerage agency, the arrangement
of real estate brokerage agency office space, the relationships of affiliated licensees
within a real estate brokerage agency who are representing clients with adverse interests
and means of avoiding client representation by an undisclosed dual agent. The commission
shall review the professional responsibility rules and practices of the legal profession
with regard to conflict of interest in considering the adoption of rules under this
subsection.


[
1993, c. 679, §1 (NEW)
.]





SECTION HISTORY

1993, c. 679, §1 (NEW).