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MI HB6044

Bill

Status

Introduced

5/17/2018

Primary Sponsor

Michele Hoitenga

Click for details

Origin

House of Representatives

99th Legislature

AI Summary

HB 6044 Summary

  • Exempts employees or agents of real estate brokers hired under property management employment contracts from real estate licensing requirements when performing property management duties.

  • 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.

  • Exempts additional places of business maintained solely for property management operations from the requirement to have an associate broker providing direct supervision.

  • Changes language from "pursuant to" to "under" in the definition of property management and updates attorney service descriptions from "rendering" to "performing."

  • 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

Committee Referrals

Regulatory Reform5/17/2018

Full Bill Text

No bill text available