There is a newer version of the Michigan Compiled Laws
2010 Michigan Compiled Laws
Chapter 339 - OCCUPATIONAL CODE
Act 299 of 1980 - OCCUPATIONAL CODE (339.101 - 339.2919)
299-1980-25 - ARTICLE 25 (339.2501...339.2518)
OCCUPATIONAL CODE (EXCERPT)Act 299 of 1980 Article 25
- Section 339.2501 - Definitions.
- Section 339.2502 - Board of real estate brokers and salespersons; creation.
- Section 339.2502a - Real estate broker, associate real estate broker, and real estate salesperson; term of license.
- Section 339.2503 - Exemptions; definition.
- Section 339.2504 - Real 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 339.2505 - Real 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 339.2506 - Delivering or mailing real estate salesperson's license to broker; display of licenses; notice of change of location; temporary license.
- Section 339.2507 - Discharge 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 339.2508 - Real 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 339.2509 - Associate real estate broker's license; issuance to principal and nonprincipal; limitation; definitions.
- Section 339.2510 - Real estate salesperson; commission or valuable consideration.
- Section 339.2511 - Plan or scheme for selling or promoting sale of real estate.
- Section 339.2512 - Prohibited conduct; penalties.
- Section 339.2512a - Action for collection of compensation for performance of act or contract; allegation and proof.
- Section 339.2512b - Actions not constituting participation in real estate transaction or in payment of real estate commissions.
- Section 339.2512c - Property management performed by real estate broker.
- Section 339.2512d - Service provision agreement; conduct by real estate broker or real estate salesperson; services; misleading public prohibited; waiver of services in limited service agreement.
- Section 339.2513 - Filing bond or posting cash deposit as condition precedent to issuance of license or removal of suspension; action by injured person.
- Section 339.2514 - Real estate broker or real estate salesperson; nonresident applicant; consent to service of process; application; disposition of process or pleading.
- Section 339.2515 - Listing agreement; discrimination prohibited; burden of proof; legal and equitable remedies.
- Section 339.2516 - Repealed. 1981, Act 83, Imd. Eff. July 1, 1981.
- Section 339.2517 - Disclosure of agency relationship.
- Section 339.2518 - Prohibited actions.
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