Michigan License Law and Rules

$29
This product includes:
LICENSE RENEWAL PERIOD: 3 YEARS (2 LEGAL HRS. PER YEAR, 1 FAIR HOUSING HR. PER YEAR) Elective Hours: 0 Mandatory Hours: 2 Total Hours: 2
Description
Renewal Requirements

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

Package Content:

State Requirements For Michigan

Michigan State Requirement Details for Real Estate Continuing Education

Renewal Date: Every three years from date of issuance

Hours Required: 18 hours

  • 6 hours – Legal Update
  • 3 hours – Fair Housing
  • 9 hours – Elective

Note: 2 hours of legal education courses involving statutes, rules, and court cases are required in each year of a license cycle. 

*Effective 2/13/2024 all real estate professionals must complete one hour of Fair Housing in each year of the license cycle.

For those renewing within the first year of the effective date of the law, if selected for a Continuing Education Audit, the Department will take into consideration the shortened window for you to comply with the new law. For those renewing more than 1 year after the effective date of the law (after February 13, 2025), if selected for a Continuing Education Audit, the Department will use its discretion but would expect that at least one hour of this new training is completed for each license cycle year since the law went into effect.

Department of Licensing and Regulatory Affairs (LARA) - Board of Real Estate Brokers and Salespersons

Street Address: 611 W. Ottawa, Lansing MI 48933

Mailing Address: PO Box 30004, Lansing MI 48909

Telephone: 517.241.0199

Fax: 517.241.9416

 

CE Marketplace

Street Address: 720 N. Washington Ave., Lansing, MI 48906

Telephone: 844.642.6633

 

License Renewal Website

License Lookup Website

CE Marketplace

CE Transcript Lookup Website 

Contact LARA via email