Michigan License Law
Under Michigan's Occupational Code, which of the following individuals is exempt from needing a real estate license?
AA person who sells 3 houses per year as a side business
BAn attorney acting on behalf of a client in a real estate transaction as part of their normal legal practice✓ Correct
CA property investor who negotiates all of their own purchases and sales
DA person who manages rental properties for others for a fee
Explanation
Michigan's Occupational Code exempts attorneys from real estate licensing requirements when acting in their legal capacity for clients. Selling multiple properties for profit or managing others' properties for compensation requires a license.
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