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MI HB4123
Bill
Status
1/27/2009
Primary Sponsor
Martin Griffin
Click for details
AI Summary
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Eliminates the requirement that real estate brokers conspicuously display their license and the licenses of all employed real estate salespeople in their place of business.
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Requires real estate salespeople to provide proof to their employing broker that they currently hold a valid real estate salesperson license.
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Retains the requirement that licensees notify the department of changes to principal or branch business locations.
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Repeals provisions regarding temporary licenses issued when the department cannot issue a salesperson's license within 2 weeks of determining an applicant meets all requirements.
Legislative Description
Occupations; real estate; requirement to display real estate broker's license and license of each salesperson employed in place of business; eliminate. Amends sec. 2506 of 1980 PA 299 (MCL 339.2506).
State agencies (existing), energy, labor, and economic growth
Last Action
Referred To Committee On Economic Development And Regulatory Reform
3/4/2009