Michigan License Law
A Michigan real estate salesperson may receive compensation for services rendered only from:
AThe buyer or seller directly
BTheir supervising broker✓ Correct
CAny licensed broker in Michigan
DThe title company handling the closing
Explanation
Michigan law requires that a salesperson receive all compensation solely through their supervising broker. A salesperson cannot accept payment directly from a buyer, seller, or any party other than their broker.
Related Michigan Michigan License Law Questions
- In Michigan, an unlicensed personal assistant working for a broker may legally:
- Which of the following actions by a Michigan licensee would constitute commingling?
- In Michigan, a real estate broker must keep transaction records for a minimum of:
- In Michigan, a real estate team member's personal name may appear in advertising provided that:
- How many hours of continuing education does Michigan require per 2-year renewal cycle for salespersons?
- How many hours of pre-license education are required for a Michigan real estate salesperson license?
- Michigan real estate licenses must be renewed every:
- In Michigan, which entity must be licensed as a broker for a real estate company operating as a corporation?
Practice More Michigan Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Michigan Quiz →