Home › Cheat sheets › State License Law
Michigan · State License Law — free study notes for the real estate licensing exam.
🏛️ State License Law 📍 MichiganClient and escrow money in Michigan must be kept in a separate broker trust account and never commingled with the broker's own funds. Salesperson and broker licenses are issued on a three-year cycle and must be renewed before expiration, with continuing education completed during each renewal period to stay current on law and practice. Because Michigan is not a community property state, marital property is divided under equitable distribution rules, which affects how title and ownership are handled in transactions.
Yes. State License Law is a scored domain on the Michigan real estate licensing exam, and this topic appears in the state license-law portion.
Yes — every page on Cinna RE's resource library is free to read, print and share. The app adds practice questions, mock exams and a readiness score.
Michigan applies its own license law on top of the national portion. This page covers the Michigan rules specifically, which is what the state section of your exam tests.