MI SB0641

Establishes a 3-year license term for real estate brokers, associate brokers, and salespersons, with renewal requirements including application, fees, and continuing education compliance.

Requires 18 clock hours of continuing education every 3-year license cycle, with at least 2 hours per calendar year, including minimum 2 hours annually on real estate law and court cases.

Allows relicensure without examination for individuals whose licenses expired if they apply within 3 years, pay late fees, and complete 6 clock hours of continuing education per elapsed year.

Sets prelicensure education requirements of 90 clock hours for broker applicants and 40 clock hours for salesperson applicants, with minimum 9 and 4 hours respectively on civil rights law and fair housing.

Permits the department to conduct audits of continuing education compliance and allow remedial completion of deficient hours, with potential additional penalty hours if deficiency period exceeds 60 days.