Michigan Real Estate Salesperson Exam Quiz
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Questions and Answers

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?

  • 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?

  • $5,000 (correct)
  • $10,000
  • $1,000
  • $2,500
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