Question 1
What is the maximum administrative fine Michigan may impose on a licensee for violating the Occupational Code, unless another amount is specified?
- A. $500
- B. $10,000
- C. $1,000
- D. $25,000
LICENSEIQ · MICHIGAN
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real estate exam.
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YOUR COURSE, AT A GLANCE
What's on the Michigan exam
National principles
- Property Ownership & Land Characteristics6 lessons
- Land-Use Controls & Government Regulation5 lessons
- Valuation & Market Analysis (Appraisal)6 lessons
- Real Estate Financing7 lessons
- Contracts6 lessons
- Agency Relationships6 lessons
- Property Disclosures5 lessons
- Property Management6 lessons
- Transfer of Title6 lessons
- Practice of Real Estate: Fair Housing, Antitrust & Trust Accounts5 lessons
- Real Estate Mathematics & Calculations13 lessons
- Ethics8 lessons
Michigan law & practice
- Michigan Licensing, LARA, and the Board4 lessons
- Michigan Agency Relationships and Disclosure4 lessons
- Trust Money, Advertising, and Broker Practice Rules3 lessons
- Michigan Contracts, Seller Disclosure, and Land Contracts4 lessons
- Michigan Property Taxes, Transfer Taxes, Condominiums, and Land Division4 lessons
- Michigan Landlord-Tenant Law and the Elliott-Larsen Civil Rights Act3 lessons
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Three questions. A fresh start.
Question 2
If an employing broker's license lapses, the licenses of the salespersons affiliated with that broker are:
- A. Automatically revoked
- B. Unaffected for the rest of the license cycle
- C. Placed in abeyance until the broker is relicensed or the salesperson changes brokers
- D. Converted to broker licenses
Question 3
In a Michigan limited service listing, which minimum service may NOT be waived?
- A. Accepting and presenting offers and counteroffers
- B. Assisting in negotiating offers
- C. Assisting in completing the transaction after signing
- D. Marketing the property as the agreement specifies
Your Michigan questions, answered.
Who is REX?
REX is your AI tutor for the Michigan exam — not a real person — grounded in LicenseIQ's course.
Does this replace my prelicensing course?
No. It's an independent study tool to help you learn and pass; complete your state's required education.
Where can I verify the rules?
Always verify current requirements with Michigan Dept. of Licensing and Regulatory Affairs (LARA).
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