Michigan License Law
Under Michigan's Occupational Code, which of the following requires a real estate broker's license?
ASelling your own home
BActing as an auctioneer for personal property only
CManaging rental properties for multiple owners for a fee✓ Correct
DAdvising friends on real estate investments without compensation
Explanation
Managing rental properties for multiple owners for compensation constitutes real estate brokerage activity requiring a Michigan broker's license under the Occupational Code.
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