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Questions and Answers
Which of the following is NOT a requirement to obtain a Michigan Real Estate Salesperson License?
Which of the following is NOT a requirement to obtain a Michigan Real Estate Salesperson License?
- Completion of a 40-hour pre-licensure course
- Passing the Michigan Real Estate Salesperson PSI Exam
- Being at least 18 years old (correct)
- Having a high school diploma or equivalent
What is the maximum amount of time a Michigan Real Estate Salesperson License is valid for?
What is the maximum amount of time a Michigan Real Estate Salesperson License is valid for?
- 1 year
- 2 years (correct)
- 4 years
- 3 years
What is the maximum fine for a Michigan Real Estate Salesperson who violates the Occupational Code or Administrative Rules?
What is the maximum fine for a Michigan Real Estate Salesperson who violates the Occupational Code or Administrative Rules?
- $5,000 (correct)
- $10,000
- $1,000
- $2,500
