Patricia holds a Michigan real estate salesperson license that expired 8 months ago. She did not complete her continuing education before the expiration date. She now wants to resume practicing real estate. Under Michigan law, which of the following best describes the steps she must take?
Correct Answer
A) She must complete all required CE hours, submit a reinstatement application to LARA-BPL, and pay both the renewal fee and a late penalty fee
Under the Michigan Occupational Code (MCL 339.411 and MCL 339.2517), a licensee whose license has expired may apply for reinstatement by completing all outstanding CE requirements and submitting a reinstatement application to LARA-BPL with the applicable renewal fee plus a late penalty fee. Michigan does not require a returning licensee to retake the state exam solely because the license has been expired for 8 months, provided the license has not been revoked or the lapse has not exceeded the statutory maximum period for reinstatement without re-examination. Patricia must satisfy the CE requirement and pay the required fees to reinstate.
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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.
More Practice Of Real Estate Questions
In Wyoming real estate practice, an associate broker or salesperson is not associated with a responsible broker at renewal. What should the licensee remember?
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