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MICHIGAN Real Estate Unit 23: Duties And Powers Of The Department And The Board Questions Already Passed!!! $12.49   Add to cart

Exam (elaborations)

MICHIGAN Real Estate Unit 23: Duties And Powers Of The Department And The Board Questions Already Passed!!!

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  • Course
  • MICHIGAN Real Estate
  • Institution
  • MICHIGAN Real Estate

MICHIGAN Real Estate Unit 23: Duties And Powers Of The Department And The Board Questions Already Passed!!!

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  • September 1, 2024
  • 9
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • MICHIGAN Real Estate
  • MICHIGAN Real Estate
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MICHIGAN Real Estate Unit 23: Duties
And Powers Of The Department And The
Board Questions Already Passed!!!
Public Act 299 of 1980 (MICHIGAN) - ANSWER✔✔ AKA Occupational Code


1. Regulates the licensing of various occupations


2. Authorizes the Department of Commerce and the MI Department of Licensing
and Regulatory Affairs (LARA) (REFERRED TO AS DEPARTMENT) to
administer this law


3. The occupational code creates the MI Board of Real Estate Brokers and
Salespersons (REFERRED TO AS THE BOARD)
a) empowered to work w the Department in law enforcement


4. Drafted by State legislature


5. Department protects the public from abusive real estate practices


6. Department has adopted Administrative Rules that interpret and enforce the
Occupational Code
a) The Administrative Rules have the same force & effect as the law and provide
more detail & additional guidance


7. Violation results in a criminal misdemeanor
a) First offense = $500 fine and/or imprisonment for 90 days
b) Subsequent Offenses = $1000 fine and/or imprisonment for 1 yr

, Department and Board Responsibilities (MICHIGAN) - ANSWER✔✔ Department
1. The director & employees perform the day-to-day work of regulating licenses


2. Ensures that Board meetings/files are public


3. Reports to the Governor & legislature


4. Primary duty = issue/renew licenses


5. Establishes Administrative Rules, conducts investigations, and engages in
license enforcement


6. Handles office services and performs managerial, administrative, and budgetary
functions for the Board




Board
1. Advised the Department, interprets licensing requirements, furnishes aid to the
Department in its investigations, determines acceptable practices, assesses
penalties


2. Reports to the Department


3. Comprised of 9 voting members 18+ who are MI residents

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