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United States — Maine Act or statute

United States — Maine legislation

Maine Revised Statutes, Title 32, § 13001: Definitions, 1987

This section defines key terms used in the chapter, including “real estate,” “Commission,” “Director,” and “real estate brokerage.”

Source excerpt

brokeragedefinitions
Jurisdiction
United States — Maine
Structure
1 provisions
Official identity
Year 1987
Dates
Enacted 1987 · Source version 1 Oct 2025
More statute details
Dates
Enacted 1987 · Source version 1 Oct 2025
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“This section defines key terms used in the chapter, including “real estate,” “Commission,” “Director,” and “real estate brokerage.””

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    Enacted 1987 · Source version 1 Oct 2025. The date shown identifies this source expression and should not be treated as proof that no later change exists.

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Definitions

This section defines key terms used in the chapter, including “real estate,” “Commission,” “Director,” and “real estate brokerage.”

Section 13001

04

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Source record from legislature.maine.gov · Enacted 1987 · Source version 1 Oct 2025

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Interpretation
§ 13001DefinitionsInterpretation

Source excerpt

This section defines key terms used in the chapter, including “real estate,” “Commission,” “Director,” and “real estate brokerage.”

As used in this chapter, unless the context otherwise indicates, the following terms have the following meanings. [PL 1987, c. 395, Pt. A, §212 (NEW).] 1. Real estate. "Real estate" means all estates and lesser interests in land and an existing business if real estate is a part of the business. [PL 1987, c. 395, Pt. A, §212 (NEW).] 1-A. Commission. "Commission" means the Real Estate Commission. [PL 2007, c. 402, Pt. BB, §1 (NEW).] 1-B. Director. "Director" means the director of the Real Estate Commission. [PL 2007, c. 402, Pt. BB, §2 (NEW).] 2. Real estate brokerage. "Real estate brokerage" means a single instance of offering, attempting to conduct or conducting services on behalf of another for compensation, or with the expectation of receiving compensation, calculated to result in the transfer of an interest in real estate. Real estate brokerage includes, but is not limited to, the following activities conducted in behalf of another: A. Listing real estate for sale or exchange; [PL 1987, c. 395, Pt. A, §212 (NEW).] B. Promoting the purchase, sale or exchange of real estate; [PL 1987, c. 395, Pt. A, §212 (NEW).] C. Procuring of prospects calculated to result in the purchase, sale or exchange of real estate; [PL 1987, c. 395, Pt. A, §212 (NEW).] D. Advertising or holding oneself out as offering any services described in this subsection; [PL 1987, c. 395, Pt. A, §212 (NEW).] E. Negotiating the purchase, sale or exchange of real estate; [PL 1987, c. 395, Pt. A, §212 (NEW).] F. Buying options on real estate or selling real estate options or the real estate under option; [PL 1987, c. 395, Pt. A, §212 (NEW).] G. Acting as a finder to facilitate the purchase, sale or exchange of real estate; and [PL 1987, c. 395, Pt. A, §212 (NEW).] H. Buying, selling or exchanging real estate. [PL 1987, c. 395, Pt. A, §212 (NEW).] [PL 1987, c. 395, Pt. A, §212 (NEW).]
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  • 1 Oct 2025 · currentEnglish

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