You will receive your score immediately after passing your exam as this test is administered via a computer. A minimum of 70% is required to clear the course. Once you pass your pre-licensing courses, you will want to study hard to pass the exam. WebQualifications to receive a License: A candidate must complete 40 clock hours of study at a LARA-approved real estate school (search course offerings here ), pass a school The period significantly varies from person to person as per their pace of course completion, document endorsement, finding a licensed employee broker, and scheduling the licensing examination. If Stephen can find a new buyer willing to contract with Olivia, he can propose the novation of his contract. and Board, Michigan Statutory Rules Governing Agents. Webpass your MI real estate exam the first time you take it. Should you have further questions, please contact our Licensing Support Team at BPLHelp@michigan.gov. In Michigan, a section of any township is 1 square mile, which equals 640 acres. Also, it does not take long to be licensed in Michigan, so start your process today with one of these 3 top schools. LARA is in charge of authorizing you to register for the real estate exam when your application has been approved. Michigan Real Estate Exam Prep - Real Estate Prep Guide If you know other people who are planning to take the licensing exam as well, it wont hurt to form a study group. Lastly, a good moral character is a plus point. Take an initial assessment and receive immediate feedback on the topics youve mastered and the ones you still need to work on. 5 Steps to Get Your Michigan Real Estate License Step 1: Take Michigan Pre-Licensing Course. Topics covered on the Michigan real estate exam include: The portion of the exam specific to Michigan includes statutory requirements governing the activities of licenses. Experience: At least 3 years full time experience as a real estate salesperson, or equivalent experience. All of the following would subject a licensee to a penalty under the Michigan state license law (also known as Occupational Code or Act 299) EXCEPT: Which of the following Acts assist farmers in defending their operations from complaints and lawsuits by nearby property owners: The term waiver as used in a legal contract is best defined as: How much of a grace period would you have to renew your license without applying for relicensure to the Michigan Department of Licensing and Regulatory Affairs (LARA)?
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