2006 Michigan Compiled Laws - 299-1980-25

OCCUPATIONAL CODE (EXCERPT)
Act 299 of 1980
Article 25


DocumentDescription
Section 339.2501Definitions.
Section 339.2502Board of real estate brokers and salespersons; creation.
Section 339.2502aReal estate broker, associate real estate broker, and real estate salesperson; term of license.
Section 339.2503Exemptions; definition.
Section 339.2504Real estate broker's license; approved classroom courses; application; condition to taking examination; renewal or reinstatement of license; continuing education requirements; exceptions; approval of person offering or conducting course or courses of study; suspension or revocation of approval; prohibited representations; conduct of pre-licensure course; violation; penalties; real estate clinic, meeting, course, or institute; sponsoring studies, research, and programs.
Section 339.2505Real estate broker's license; application; contents; execution of application; effect of certain convictions; place of business; branch office license; contents of application for salesperson's license; proof; examinations.
Section 339.2506Delivering or mailing real estate salesperson's license to broker; display of licenses; notice of change of location; temporary license.
Section 339.2507Discharge or termination of real estate salesperson; delivering or mailing salesperson's license to department; application for transfer of license; communication; performing regulated acts without license prohibited.
Section 339.2508Real estate broker's license; entities to which issued; authorized acts; transferability; associate real estate broker's license; requirements to which applicant subject; suspension; issuance of new license.
Section 339.2509Associate real estate broker's license; issuance to principal and nonprincipal; limitation; definitions.
Section 339.2510Real estate salesperson; commission or valuable consideration.
Section 339.2511Plan or scheme for selling or promoting sale of real estate; game promotion; promotional sales of property located outside state.
Section 339.2512Prohibited conduct; penalties.
Section 339.2512aAction for collection of compensation for performance of act or contract; allegation and proof.
Section 339.2512bActions not constituting participation in real estate transaction or in payment of real estate commissions.
Section 339.2512cProperty management performed by real estate broker.
Section 339.2513Filing bond or posting cash deposit as condition precedent to issuance of license or removal of suspension; action by injured person.
Section 339.2514Real estate broker or real estate salesperson; nonresident applicant; consent to service of process; application; disposition of process or pleading.
Section 339.2515Listing agreement; discrimination prohibited; burden of proof; legal and equitable remedies.
Section 339.2516Repealed. 1981, Act 83, Imd. Eff. July 1, 1981.
Section 339.2517Disclosure of agency relationship.
Section 339.2518Prohibited actions.

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