Code of Maine Rules
02 - DEPARTMENT OF PROFESSIONAL AND FINANCIAL REGULATION
039 - REAL ESTATE COMMISSION
Chapter 400 - AGENCY/DESIGNATED BROKER RESPONSIBILITIES
Section 039-400-4 - Examinations for Compliance with Licensing Laws

Universal Citation: 02 ME Code Rules ยง 039-400-4
Current through 2024-13, March 27, 2024

A real estate brokerage office may be examined for compliance with licensing laws once each licensing period, as necessary as part of an investigation of a complaint filed with the director or may be examined upon receipt of prima facie evidence indicating improper use of a real estate trust account. The designated broker shall produce for inspection by an authorized representative of the Commission any document or record reasonably necessary for investigation or audit in the enforcement of 32 MRSA Chapter 114 and in enforcement of the rules promulgated by the Commission. Failure to submit such documents or records as requested by the director shall be grounds for disciplinary action. The examiner shall notify the agency of the results of such office examination and may file a complaint.

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