Michigan Real Estate Continuing Education Course: Online: Michigan License Law and Rules

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Michigan Continuing Education COURSE

Michigan CE:Online: Michigan License Law and Rules

Online: Michigan License Law and Rules

2 Total hours
0 Elective hours
2 Legal Updates/Law hours

License law and rules are a very important part of your real estate career. Knowing the rules gives you a sense of security in the form of well-defined boundaries. On the flip side, not knowing them well can place your license in jeopardy. Once you know what you legally can and can’t do as a real estate professional, you’ll be free to focus on more important things—like your career.

This two-hour course covers topics related to Michigan’s licensing laws, rules, and regulations. Course highlights include:

  • The purpose, powers, and duties of Michigan’s Department of Licensing and Regulatory Affairs (LARA) and the Board of Real Estate Brokers and Salespersons
  • The complaint, investigation, add hearing process
  • Penalties for violating Michigan license law
  • Licensure types and requirements in Michigan
  • Continuing education requirements for license maintenance
  • License renewal procedures and specifications
  • License transfers
  • Legal procedures for receiving and paying commissions
  • Legal agreements and disclosures
  • Material fact disclosures
  • Stigmatized properties and related licensee obligations
  • Provisions for brokers’ places of business in the state