1. 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. [PL 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. [PL 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. [PL 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. [PL 1987, c. 395, Pt. A, §212 (NEW).] B. [PL 2013, c. 217, Pt. K, §6 (RP).] [PL 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. [PL 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. [PL 2011, c. 286, Pt. J, §1 (AMD).]
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