Maine § 13001. - Definitions
Full text of Maine Maine Revised Statutes § 13001. — Definitions, with citation guidance and answers to common questions.
§ 13001.. Definitions
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.
1-A. Commission. "Commission" means the Real Estate Commission.
1-B. Director. "Director" means the director of the Real Estate Commission.
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).]
Frequently Asked Questions About Maine § 13001.
What does Maine Revised Statutes § 13001. cover?
Section 13001. ("Definitions") is part of the Maine Revised Statutes, the codified statutory law of Maine. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maine § 13001.?
A common citation format is "Maine Revised Statutes § 13001." (Maine). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maine law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maine official source linked on this page or consult a licensed Maine attorney.
How does Maine § 13001. apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maine can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maine.