Real Estate/ Continuing Education/ Michigan Real Estate CE/ Michigan License Law and Rules (2 hours Legal)

Michigan License Law and Rules (2 hours Legal)

$29

This product includes:

License Renewal Period: 3 years (2 Legal hours per year, 1 Fair Housing hour per year) Elective: 0 Mandatory: 2 Total Hours: 2

Description

State 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 (2 hours per year of the license cycle)
3 hours – Fair Housing (1 hour per year of the license cycle)
9 hours – Elective (can be completed at any time during the license cycle)

The CE Shop’s Offering: 18 hours

6 hours – Legal Update (2 hours per year of the license cycle)
3 hours – Fair Housing (1 hour per year of the license cycle)
9 hours – Elective (can be completed at any time during the license cycle)

The CE Shop is an approved provider in Michigan.

Reporting: The CE Shop reports CE hours to CE Marketplace. You can access your course records with CE Marketplace here.

Expiration Date of Course: Course expiration dates vary by course. Each individual course will have an expiration date listed in your account. See Terms & Conditions for more details.

Certificates: Immediately upon course completions, The CE Shop will provide students with an electronic copy of the course certificate of completion. Certificates will remain in your account for a minimum of five years, should you need additional copies at a later time. Please refer to your application to determine if you need to submit your certificate(s) of completion. Course completion dates are recorded using Central Standard Time. Please note that the date on your certificate of completion will reflect this.

Final Exam: Final exams must be passed with at least a 75% and may be taken as many times as necessary in order to pass.

License Renewal Process: The process to renew in this state is to log in to the licensing system online and follow the prompts to renew.

Seat Time: It is required that all students spend a minimum amount of seat time engaged in the course content. Our online course delivery system manages this requirement for you.

Still have questions? Visit our Frequently Asked Questions or Contact Us.

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