Term
Summary of Michigan License Law
Complete During Class |
|
Definition
|
|
Term
| define real estate broker |
|
Definition
|
|
Term
| define real estate salesperson |
|
Definition
|
|
Term
| exemptions from license requirements |
|
Definition
|
|
Term
| broker office requirements |
|
Definition
|
|
Term
| experience requirements broker |
|
Definition
|
|
Term
| experience class requirement for salesperson based on code include continuing ed if necessary |
|
Definition
|
|
Term
| education requirement for broker |
|
Definition
|
|
Term
| education requirment continuing for salesperson |
|
Definition
|
|
Term
|
Definition
number of members
appointment qualifications
term |
|
|
Term
| real estate commission info |
|
Definition
penalty for violation
powers |
|
|
Term
| application for license procedure and fee salesperson |
|
Definition
|
|
Term
| application for license and fee broker |
|
Definition
fee
application procedure |
|
|
Term
| expiration and renewal procedures |
|
Definition
| license good for how long |
|
|
Term
|
Definition
|
|
Term
| branch offices and regulation |
|
Definition
|
|
Term
| discharge or termination of employment of salesperson |
|
Definition
|
|
Term
| provision for trust accounts |
|
Definition
|
|
Term
|
Definition
|
|
Term
|
Definition
|
|
Term
|
Definition
|
|
Term
|
Definition
|
|
Term
|
Definition
|
|
Term
|
Definition
|
|
Term
| fee splitting with unlicensed persons |
|
Definition
|
|
Term
|
Definition
|
|
Term
|
Definition
|
|
Term
|
Definition
|
|
Term
|
Definition
|
|
Term
| grounds for suspension or revocation |
|
Definition
| ground for suspension or revocation |
|
|
