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MI HB4693
Bill
Status
3/10/2022
Primary Sponsor
Steven Johnson
Click for details
AI Summary
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Amends MCL 339.2512b to clarify that offering consideration for tenant referrals does not constitute participation in a real estate transaction or payment of real estate commissions.
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Allows property owners or authorized agents to offer existing tenants up to 1 month's rent in consideration for referring prospective tenants.
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Allows existing tenants to accept up to 1 month's rent in consideration for referring prospective tenants to the property owner or authorized agent.
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Effective immediately upon passage (March 10, 2022).
Legislative Description
Occupations: real estate; compensation for referrals; modify. Amends sec. 2512b of 1980 PA 299 (MCL 339.2512b).
Occupations: real estate
Last Action
Assigned Pa 21'22 With Immediate Effect
3/10/2022