Michigan License Law
A Michigan licensee who wishes to transfer their license from one broker to another must:
ARetake the licensing exam
BNotify LARA and complete the proper transfer/affiliation forms with the new broker✓ Correct
COperate without a broker for up to 90 days during the transition
DWait for LARA approval before accepting any new clients
Explanation
When a Michigan licensee transfers to a new brokerage, they must notify LARA and complete the required transfer/affiliation forms. The licensee should not engage in licensed activities until properly affiliated with the new broker.
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