Michigan License Law
Under Michigan law, which of the following actions requires a real estate license?
ASelling your own personal residence
BAuctioning real estate for a fee on behalf of another✓ Correct
CLeasing your own rental property
DManaging a property you personally own
Explanation
Auctioning real estate for compensation on behalf of another constitutes a real estate activity requiring a Michigan license. Owners may sell, lease, or manage their own property without a license.
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