MCL - Section 339.2512b
Act 299 of 1980
339.2512b Actions not constituting participation in real estate transaction or in payment of real estate commissions.
Sec. 2512b.
The following actions do not constitute participation in a real estate transaction or in the payment of real estate commissions:
(a) As an owner or an authorized agent of the owner, offering an existing tenant of the owner's property a consideration of a value of 1 month's rent or less for referring a prospective tenant to the owner or the authorized agent of the owner for the purpose of entering into a lease agreement.
(b) As an existing tenant of rental property, accepting a consideration of 1 month's rent or less for the referral of prospective tenants.
History: Add. 1981, Act 83, Imd. Eff. July 1, 1981
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Am. 2022, Act 21, Imd. Eff. Mar. 10, 2022
Popular Name: Act 299