339.2512f Supervision of real estate salesperson. Sec. 2512f. (1) A real estate broker or associate real estate broker shall supervise the work of a real estate salesperson. For purposes of this subsection, supervision of a real estate salesperson includes at least all of the following: (a) Direct communication in person or by radio, telephone, or […]
339.2513 Filing bond or posting cash deposit as condition precedent to issuance of license or removal of suspension; action by injured person. Sec. 2513. If an application for a license is made by a person whose license has been denied, suspended, or revoked as a result of disciplinary action for violation of this article or […]
339.2514 Real estate broker or real estate salesperson; nonresident applicant; consent to service of process; application; disposition of process or pleading. Sec. 2514. A nonresident of this state may become a real estate broker or a real estate salesperson by conforming to the requirements of this article. A nonresident applicant shall file an irrevocable consent […]
339.2515 Listing agreement; discrimination prohibited; burden of proof; legal and equitable remedies. Sec. 2515. (1) A listing agreement entered into between the broker and seller or lessor of property shall contain language that discrimination because of religion, race, color, national origin, age, sex, disability, familial status, or marital status on the part of the real […]
339.2516 Interest in real property; acquisition by licensee; proof of disclosures and consents. Sec. 2516. (1) If a licensee buys or otherwise acquires, directly or indirectly, an interest in real property, the licensee shall disclose to the owner of the property that the licensee is licensed under this part before the owner is asked to […]
339.2516a Inspection of document or record by representative of department. Sec. 2516a. During normal business hours, a licensee shall allow any authorized representative of the department to enter any of its places of business in this state and inspect any document or record that the department determines is reasonably necessary for an investigation of the […]
339.2516b Rescission of rules. Sec. 2516b. R 339.22205 to R 339.22301, R 339.22309 to R 339.22311, R 339.22317 to R 339.22319, R 339.22323 to R 339.22329, and R 339.22339 to R 339.22405 of the Michigan Administrative Code are rescinded. History: Add. 2016, Act 502, Eff. Mar. 29, 2017 Popular Name: Act 299
339.2517 Disclosure of agency relationship. Sec. 2517. (1) A licensee shall disclose to a potential buyer or seller in a real estate transaction all types of agency relationships available and the licensee’s duties that each agency relationship creates before the disclosure by the potential buyer or seller to the licensee of any confidential information specific […]
339.2518 Prohibited actions. Sec. 2518. An action shall not be brought against a real estate broker, an associate broker, or a real estate salesperson under the following circumstances: (a) For failure to disclose to a purchaser or lessee of real property that a former occupant has or is suspected of having a disability. As used […]
