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Michigan Real Estate Broker Exam Cram Sheet (2026)

The highest-yield points on the Michigan Real Estate Brokerexam, grouped by the exam's real content areas. Print it, review the ones you keep missing, then drill them with free practice questions.

120questions
210 mintime limit
75to pass
15content areas

Property Ownership

10% of the exam
Study →
  • Real vs. Personal Property and the Bundle of Rights
  • Estates in Land
  • Forms of Co-Ownership

Land Use Controls and Regulations

5% of the exam
Study →
  • Government Powers Over Land
  • Zoning and Public Land-Use Tools
  • Private Land-Use Controls

Valuation and Market Analysis

8% of the exam
Study →
  • Value, Price, and Cost
  • The Three Approaches to Value
  • CMA, BPO, and the Limits of a License

Financing

9% of the exam
Study →
  • Notes and Security Instruments
  • Loan Types and Common Clauses
  • Federal Lending Laws

Contracts

19% of the exam
Study →
  • Essential Elements and Validity
  • Offer, Acceptance, and Counteroffers
  • Common Real Estate Contracts
  • Performance, Breach, and Remedies

General Principles of Agency

13% of the exam
Study →
  • Creating Agency and Fiduciary Duties
  • Clients, Customers, Single and Dual Agency
  • Broker Supervision and Vicarious Liability

Property Disclosures

7% of the exam
Study →
  • The Duty to Disclose Material Facts
  • Latent vs. Patent Defects
  • Federally Required Disclosures

Property Management

5% of the exam
Study →
  • The Management Agreement and Trust Funds
  • Leasehold Estates and Lease Types
  • Landlord and Tenant Rights

Transfer of Title

6% of the exam
Study →
  • How Title Transfers
  • Types of Deeds
  • Recording and Title Assurance

Practice of Real Estate

12% of the exam
Study →
  • Brokerage Management and Supervision
  • Trust Accounts, Commingling, and Conversion
  • Fair Housing, Antitrust, and Risk Management

Real Estate Calculations

6% of the exam
Study →
  • The Basic Percentage Formula
  • Area, Volume, and Investment Measures
  • Finance and Proration Calculations

Michigan Real Estate License Law for Brokers

35% of the exam
Study →
  • LARA and Article 25
  • Broker and Associate Broker
  • Supervision and Recordkeeping

Agency and Broker Supervision in Michigan

25% of the exam
Study →
  • Agency Disclosure
  • Dual Agency and Designated Agents
  • The Employing Broker's Supervision

Michigan Seller Disclosure and Land Sales

25% of the exam
Study →
  • The Seller Disclosure Act
  • Completing the Statement Honestly
  • The Land Sales Act

Enforcement and Housing Programs in Michigan

15% of the exam
Study →
  • LARA Enforcement
  • Common Grounds for Discipline
  • MSHDA and Homeownership

Now prove you know them

Reading the outline is not the same as recalling it under exam pressure. Drill 58+ free Michigan Real Estate Broker practice questions to find your weak areas, then sit a full timed mock — no signup, no paywall.

Study aid, not a substitute for the official material — always confirm the current rule with Michigan Department of Licensing and Regulatory Affairs (LARA). Last verified: August 2026.

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