Under Michigan's continuing education requirements for real estate licensees, which of the following is NOT a valid reason for LARA-BPL to grant a CE waiver or exemption to a licensee seeking renewal?
Correct Answer
D) The licensee completed more than 18 hours of CE in the previous renewal cycle and wants to carry over the excess hours
Michigan does not permit carryover of excess continuing education hours from one renewal cycle to the next. Each 3-year renewal cycle has its own 18-hour requirement, and hours completed above the minimum in one cycle cannot be applied to satisfy the requirement in a subsequent cycle. LARA-BPL does not recognize CE carryover as a valid basis for reducing the CE obligation in the next renewal period.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Brokers in Florida have strict responsibilities for managing escrow accounts, including monthly reconciliation and proper handling of trust funds.
FREC has the authority to impose fines and other disciplinary actions on licensees who violate real estate laws and rules.
A group boycott is an illegal antitrust practice in which two or more competing real estate businesses agree to refuse to work with a specific person, company, or entity in order to harm that party's ability to compete.
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