| | 8. Material fact. "Material fact" means a fact that relates | to the transaction and is so substantial and important as to | influence the parties client to whom it is imparted. |
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| | 9. Ministerial acts. "Ministerial acts" means those acts | that a real estate brokerage agency or its affiliated licensees | perform performs for a person who is not a client and that do not | require discretion or the exercise of the brokerage agency's or | its affiliated licensees' judgment are informative or clerical in | nature and do not rise to the level of active representation on | behalf of the person. |
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| | 10. Real estate brokerage agency. "Real estate brokerage | agency" means a person or entity providing real estate brokerage | services through that person's designated broker, affiliated | licensees, associates or employees and licensed by the commission | as a real estate brokerage agency. |
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| | 11. Seller agent. "Seller agent" means a real estate | brokerage agency that is engaged by and represents has entered | into a written brokerage agreement with the seller in a real | estate transaction to represent the seller as the real estate | brokerage agency's client. |
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| | 12. Subagent. "Subagent" means a real estate brokerage | agency engaged by another real estate brokerage agency to perform | brokerage tasks for a client. |
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| | 13. Third party. "Third party" means a person who is not a | client and has no agency relationship to the real estate | brokerage agency. |
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| | 13-A.__Transaction broker.__"Transaction broker" means a real | estate brokerage agency that provides real estate brokerage | services to one or more parties in a real estate transaction | without a fiduciary relationship as a buyer agent, a seller | agent, a subagent or a disclosed dual agent. |
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| | 14. Undisclosed dual agent. "Undisclosed dual agent" means a | real estate brokerage agency representing 2 or more clients whose | interests are adverse in the same transaction without the | knowledge and informed consent of the clients. |
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| | Sec. 8. 32 MRSA §§13272 to 13274, as enacted by PL 1993, c. 679, §1, | are amended to read: |
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| | A real estate brokerage agency that provides services through | a brokerage agreement for a client is bound by the duties |
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