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This Michigan Real Estate Exam 2024 will cover many of the following topics such as:
The real estate business
License Law and Qualifications for Licensure
Real Estate License Law and Commission Rules
Authorized Relationships, Duties and Disclosures
Real Estate Brokerage Activities and Procedures
Violations of License Law, Penalties and Procedures
Federal and State Laws Pertaining to Real Estate
Property Rights: Estates, Tenancies; Condominiums, Cooperatives, Community Development Districts, Homeowner Associations, and Time-Sharing
Titles, Deeds, and Ownership Restrictions
Legal Descriptions
Real Estate Contracts
Residential Mortgages
Real Estate Related Computations and Closing of Transactions
Real Estate Markets and Analysis
Real Estate Appraisal
Real Estate Investments and Business Opportunity Brokerage
Taxes Affecting Real Estate
Planning and Zoning
Brokers exam contents:
Real Estate Brokerage Business
Valuing Real Property
Listing and Selling Real Property
Contracts
Financing
Closing Transactions
Federal Income Tax Laws
Investment
Zoning and Planning
Environmental Issues
Property Management
The Real Estate Market
