Real Estate in Maine

When it comes to property disclosures from sellers in the state of Maine, the situation is not favorable to buyers. Maine state law does not require sellers to make any sort of disclosure for property defects either when the property is put on the market, or after an offer is received. However, Maine law does have stiff penalties for property owners or real estate agents that misrepresent a property to try and entice a buyer, or to artificially increase the price of the property.

Maine has updated its laws regarding building permits, and that can affect your potential purchase of a piece of Maine property. Any home renovations done in Maine from 1971 on must have an accompanying building permit before any real estate transactions can be completed. If the seller does not have a copy of the permit, then the buyer can petition the state for a copy. If there is no permit on file, then the sale cannot go through and the seller could face fines and other punishments.

For a comprehensive list of Real Estate Agents in Maine click here.

Residential and Commercial Real Estate Agencies and Associations in Maine

Maine Association of Realtors
Address: Maine Association of Realtor
19 Community Drive
Augusta, ME 04330
Office Phone Number: (207) 622-7501
Web site: www.mainerealtors.com

Sagadahock Real Estate Association
Address: Sagadahock Real Estate Association
53 Front Street
Bath, ME 04530
Office Phone Number: (207) 443-4191
Web site: www.sreabath.com