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Maine Business Law Questions & Answers
1 Answer | Asked in Contracts, Business Law and Consumer Law for Maine on
Q: Can I get compensation for unfinished electrical work by unlicensed electrician in Maine?

I hired an electrician to complete the electrical work for a new two-story garage. However, the work has been incomplete for over a year, and he does not respond to texts or voicemails. Upon investigation, I discovered he never held a valid license in Maine and had lied about his qualifications. I... View More

James L. Arrasmith
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answered on Apr 11, 2025

That’s a frustrating and disappointing experience, especially when you trusted someone to do a major job on your property. In Maine, electrical work must be done by a licensed professional, and hiring someone who misrepresented their qualifications can open the door to legal consequences for... View More

1 Answer | Asked in Business Law, Real Estate Law and Civil Litigation for Maine on
Q: Can we seek compensation for lost opportunity due to real estate dispute after commission ruling in our favor?

On November 26, 2021, my business partner and I signed a Purchase and Sale Agreement for a property in Kennebunk, ME. Our offer was initially backup, but after signing a backup addendum, we were put in the primary position to purchase the property. However, the selling agent later claimed we were... View More

James L. Arrasmith
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answered on Apr 13, 2025

It seems you have a valid case to seek compensation, but the outcome will depend on several factors. While the Maine Real Estate Commission ruled in your favor, their decision likely focuses on the agent's conduct rather than financial restitution. This means that the ruling alone may not... View More

1 Answer | Asked in Tax Law, Business Formation and Business Law for Maine on
Q: Do I pay taxes on selling LLC share for less than invested?

I sold my share in a multi-member LLC business in Maine, which I started with an investment of $7,500. I sold my part for less than $5,000, and I owned the business for less than 2 years. I didn't receive any other compensation or benefits, and there were no outstanding debts or liabilities... View More

Elliott R. Teel
Elliott R. Teel
answered on Mar 2, 2025

You should discuss this with an accountant because there may be other information needed to answer. But it sounds like you would want to include it as a loss on your tax return.

1 Answer | Asked in Business Law, Consumer Law, Civil Litigation and Intellectual Property for Maine on
Q: Issues with solar installation and alleged forgery, seeking resolution.

I had a solar company perform a site survey, design, and installation, plus an electrical post-inspection. Two months later, I noticed my dining room ceiling is caving and will likely continue, as they installed the system above an almost flat roof. I discovered my signature was forged in DocuSign... View More

James L. Arrasmith
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answered on Mar 1, 2025

You're facing a serious issue with both property damage and potential fraud. Document forgery is a criminal offense, and you should consider filing a police report about the forged signatures, as well as reporting this to your state's consumer protection agency and contractor licensing... View More

1 Answer | Asked in Business Formation, Business Law and Contracts for Maine on
Q: What filings are needed to sell my LLC interest in Maine and remove my name from ownership?

I am selling my part of a multi-member LLC to another person in Maine. We have drafted a buy-sell agreement for the transaction, but it has not been reviewed by an attorney. All members of the LLC have agreed to the sale. Since this is my first time handling such a transaction, I would like to know... View More

Elliott R. Teel
Elliott R. Teel
answered on Feb 23, 2025

The paperwork for change in the membership in the LLC is kept with the LLC, and not filed with the state. The LLC will need to file an Annual Report with the Maine Secretary of State by June, and that should reflect the change in the membership.

As part of the buyout, you will sign a...
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1 Answer | Asked in Business Law for Maine on
Q: In general, can a nonlawyer employee of a company prepare/negotiate contracts for that company or is that UPL?
T. Augustus Claus
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answered on Sep 13, 2023

In Maine, as in many jurisdictions, the preparation and negotiation of contracts are activities that generally require legal expertise. Unauthorized Practice of Law (UPL) regulations typically prohibit nonlawyers from engaging in activities that constitute the practice of law, which can include... View More

2 Answers | Asked in Business Law and Divorce for Maine on
Q: My wife get a loan for a building before we got married after a month we got married and we made it business and house.

Back then we said we will have the business and the building 50-50. We spend a lot of money to make it restaurant because was offices and the top floor we made it apartment with bathroom and everything. She never paid a penny before we got married she just get the loan on her name before and... View More

Albert Hansen
Albert Hansen
answered on Aug 18, 2020

Yes, you have an equitable interest in the property and should be compensated.

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0 Answers | Asked in Business Formation, Business Law and Civil Litigation for Maine on
Q: Can I sue for damages if a local business gives up after receiving thousands of dollars in support from the community?

Me and several others have donated upwards of 10 grand into a local event site. We have provided materials and volunteer labor to build buildings on the the property. The owner had acquired a drug problem and given up on managing the site and business. When offers to take over came forward, he... View More

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