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Michigan · State License Law — free study notes for the real estate licensing exam.
🏛️ State License Law 📍 MichiganMichigan recognizes several agency relationships, including seller's agent, buyer's agent, dual agent, and transaction coordinator. Before disclosing confidential information, a licensee must provide the consumer with a written agency disclosure explaining who the licensee represents. Dual agency is permitted in Michigan only with the informed written consent of both the buyer and the seller, since the licensee then owes limited duties to each party.
Yes. State License Law is a scored domain on the Michigan real estate licensing exam, and this topic appears in the state license-law portion.
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Michigan applies its own license law on top of the national portion. This page covers the Michigan rules specifically, which is what the state section of your exam tests.