Michigan License Law
In Michigan, a real estate team operating under one brokerage must:
AEach member of the team hold a separate broker license
BAll be licensed under the same employing broker, with the team name not being confused with an independent brokerage✓ Correct
CRegister the team as a separate LLC
DSplit all commissions equally regardless of contribution
Explanation
Michigan real estate teams operate under the umbrella of the employing broker's license. All team members must be licensed under that broker, and team names must not create the impression of being an independent brokerage without the employing broker's name.
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