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Michigan Compiled Laws Complete Through PA 29 of 2013
House: Adjourned until Tuesday, May 21, 2013 1:30:00 PM
Senate: Adjourned until Tuesday, May 21, 2013 10:00:00 AM

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299-1980-25
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OCCUPATIONAL CODE (EXCERPT)
Act 299 of 1980
Article 25


DocumentTypeDescription
Section 339.2501SectionDefinitions.
Section 339.2502SectionBoard of real estate brokers and salespersons; creation.
Section 339.2502aSectionReal estate broker, associate real estate broker, and real estate salesperson; term of license.
Section 339.2503SectionExemptions; definition.
Section 339.2504SectionReal 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 339.2505SectionReal 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 339.2506SectionDelivering or mailing real estate salesperson's license to broker; custody and control of licenses; notice of change of location; "pocket card" defined.
Section 339.2507SectionDischarge 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 339.2508SectionReal 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 339.2509SectionAssociate real estate broker's license; issuance to principal and nonprincipal; limitation; definitions.
Section 339.2510SectionReal estate salesperson; commission or valuable consideration.
Section 339.2511SectionPlan or scheme for selling or promoting sale of real estate.
Section 339.2512SectionProhibited conduct; penalties.
Section 339.2512aSectionAction for collection of compensation for performance of act or contract; allegation and proof.
Section 339.2512bSectionActions not constituting participation in real estate transaction or in payment of real estate commissions.
Section 339.2512cSectionProperty management performed by real estate broker.
Section 339.2512dSectionService provision agreement; conduct by real estate broker or real estate salesperson; services; misleading public prohibited; waiver of services in limited service agreement.
Section 339.2513SectionFiling bond or posting cash deposit as condition precedent to issuance of license or removal of suspension; action by injured person.
Section 339.2514SectionReal estate broker or real estate salesperson; nonresident applicant; consent to service of process; application; disposition of process or pleading.
Section 339.2515SectionListing agreement; discrimination prohibited; burden of proof; legal and equitable remedies.
Section 339.2516SectionRepealed. 1981, Act 83, Imd. Eff. July 1, 1981.
Section 339.2517SectionDisclosure of agency relationship.
Section 339.2518SectionProhibited actions.