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MI HB6044
Bill
Status
5/17/2018
Primary Sponsor
Michele Hoitenga
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AI Summary
HB 6044 Summary
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Exempts employees or agents of real estate brokers hired under property management employment contracts from real estate licensing requirements when performing property management duties.
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Modifies the definition of "real estate salesperson" to specify that nonresidential property management and nonresidential real estate leasing activities require licensure, while residential property management does not.
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Exempts additional places of business maintained solely for property management operations from the requirement to have an associate broker providing direct supervision.
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Changes language from "pursuant to" to "under" in the definition of property management and updates attorney service descriptions from "rendering" to "performing."
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Effective 90 days after enactment.
Legislative Description
Occupations; real estate; certain licensure requirements for employees or agents of a real estate broker hired to perform duties relating to property management; modify. Amends secs. 2501, 2503 & 2505 of 1980 PA 299 (MCL 339.2501 et seq.).
Occupations: business licensing and registration
Last Action
Bill Electronically Reproduced 05/17/2018
5/22/2018