Michigan Real Estate Salesperson Exam — All Questions
13 questions
How many hours of approved prelicensure education must a Michigan real estate salesperson applicant complete before taking the state exam?
- a.40 hours✓
- b.90 hours
- c.24 hours
- d.No education is required
Michigan requires 40 clock hours of approved prelicensure real estate education for salesperson applicants, in addition to meeting the minimum age and passing the exam.
What is the minimum age to obtain a Michigan real estate salesperson license?
- a.21
- b.16
- c.18✓
- d.17
An applicant for a Michigan real estate salesperson license must be at least 18 years old, complete the required prelicensure education, and pass the licensing examination.
A Michigan real estate salesperson license is issued for a term of:
- a.6 months
- b.3 years✓
- c.1 year
- d.10 years
Michigan real estate licenses are issued on a 3-year cycle, after which the licensee must renew and meet continuing education requirements to keep the license active.
How many clock hours of prelicensure education does Michigan require of a real estate salesperson applicant?
- a.Sixty clock hours of approved instruction
- b.Forty clock hours of approved instruction✓
- c.Ninety clock hours of approved instruction
- d.Thirty clock hours of approved instruction
Michigan requires an approved 40-hour prelicensure course, evidenced by the course completion certificate submitted with the application. Cite: LARA, Michigan Real Estate Salesperson Licensing Guide.
A Michigan licensee lets a licence lapse and must make up continuing education. How is the shortfall measured?
- a.A flat eighteen hours regardless of time lapsed
- b.Two hours for each calendar year that was missed
- c.Six hours for each year and partial year missed✓
- d.Three hours for each full year that was missed
For relicensure the applicant submits proof of 6 hours of real estate continuing education for each year and partial year missed. A partial year counts as a full year for this calculation. Cite: LARA, Real Estate Salesperson Relicensure requirements.
How many clock hours of approved prelicensure classroom courses must a Michigan real estate broker applicant complete?
- a.30 hours, which include the salesperson hours
- b.40 hours, the same course the salesperson takes
- c.60 hours, of which half may be taken online
- d.90 hours, in addition to the salesperson hours✓
A broker applicant, or the designated principal of a business entity applicant, must complete at least 90 clock hours of approved prelicensure classroom courses, and those 90 hours are in addition to the hours required for a salesperson licence. Cite: MCL 339.2504(1)(b), as amended by 2016 PA 502, eff. Mar. 29, 2017.
Within the 90 hours of Michigan broker prelicensure instruction, how much must be devoted to civil rights law and fair housing law?
- a.3 clock hours of the ninety
- b.At least 9 clock hours of the ninety✓
- c.At least 18 clock hours of the ninety
- d.No fixed portion is specified by statute
Of the 90 clock hours required for a broker licence, at least 9 clock hours must be instruction on civil rights law and fair housing law. Cite: MCL 339.2504(1)(b)(i), as amended by 2016 PA 502, eff. Mar. 29, 2017.
Michigan's 40 hours of salesperson prelicensure education must include a minimum amount of instruction on which subject?
- a.2 hours on brokerage trust accounting and escrow
- b.3 hours on appraisal and valuation of residences
- c.4 hours on civil rights and equal housing opportunity✓
- d.6 hours on land contracts and other seller financing tools
Before taking the salesperson examination an applicant must show proof of at least 40 clock hours of approved prelicensure classroom courses in principles of real estate, including at least 4 clock hours of instruction on civil rights law and equal opportunity in housing. Cite: MCL 339.2504(2), as amended by 2016 PA 502, eff. Mar. 29, 2017.
A Michigan applicant finished her 40-hour prelicensure course four years ago and has never held a licence. What is the effect?
- a.It is stale; only the prior 36 months count✓
- b.The course still counts because it was approved when taken
- c.It counts if she passes the exam on the first attempt
- d.It counts once she pays a late examination fee
The 40 hours of prelicensure education must be completed within the 36-month period preceding the date of the application, so a course older than three years no longer supports the application. Cite: MCL 339.2504(2), as amended by 2016 PA 502, eff. Mar. 29, 2017.
Beyond education and the examination, what experience must a Michigan real estate broker applicant prove?
- a.Two years of licensure as a salesperson in any state
- b.One year of licensure with an active broker
- c.Five years of full-time work in real estate
- d.The equivalent of 3 years of full-time experience✓
The department requires proof that a broker applicant, or each principal of a business entity applicant, has the equivalent of 3 years of full-time experience in the business of real estate, credited according to the statutory schedule. Cite: MCL 339.2505(7), as amended by 2016 PA 502, eff. Mar. 29, 2017.
How does a licensed Michigan salesperson earn one year of credit toward the broker experience requirement?
- a.By listing at least ten properties in a year
- b.By closing 5 or more transactions in a 12-month period✓
- c.By working at least 30 hours in each week of the year
- d.By completing an extra 30 hours of coursework
In calculating the equivalent of three years of experience, a salesperson receives one year of credit for each 12-month period of licensure in which he or she closed 5 or more real estate transactions. Cite: MCL 339.2505(7)(b)(i), as amended by 2016 PA 502, eff. Mar. 29, 2017.
A candidate passes the Michigan licensing examination but does not apply for a licence right away. How long does the passing score stay good?
- a.30 days from the date of the examination
- b.6 months from the date of the examination
- c.1 year from the date of the examination✓
- d.3 years from the date of the examination
A passing score on the examination, or on a portion of it where the examination is given in separate parts, is valid for 1 year from the date of the examination. Cite: MCL 339.2505(6)(b), as amended by 2016 PA 502, eff. Mar. 29, 2017.
Which conviction bars the department from issuing a Michigan real estate broker's licence to an individual outright?
- a.Embezzlement or misappropriation of funds✓
- b.Any misdemeanour within the past year
- c.Driving while intoxicated twice
- d.Failing to file a state income tax return
The statute is categorical on this point: the department shall not issue a real estate broker's licence to an individual who has been convicted of embezzlement or misappropriation of funds. Other convictions are weighed through the good moral character review. Cite: MCL 339.2505(2), as amended by 2016 PA 502, eff. Mar. 29, 2017.