Michigan Real Estate Exam 2026: LARA Requirements Guide
Video
What is the minimum age requirement to obtain a Michigan real estate salesperson license?
Mi Re Licensing
Question · Easy
Steering, blockbusting, redlining: a villain song
Short
Blog
Fee Simple Absolute
Property Ownership
Flashcard
How many hours of pre-license education are required for a Michigan real estate salesperson license?
___ and bounds: legal description that starts at a point of beginning and follows courses and distances around a parcel back to that point.
Property ownership
Guess the Term
Chapter 1: Michigan LARA & Real Estate Licensing
1.1 Michigan Department of Licensing and Regulatory Affairs (LARA) Overview
Study guide
Cheat sheet
Which Michigan state agency regulates real estate licensees?
1031 Exchange
term
1. A Section 1031 exchange can defer recognition of gain when qualifying business or investment real property is exchanged for like-kind real property.
Glossary
Read the clue and guess the term in 6 tries.
Game
Joint Tenancy vs. Tenancy in Common
What is the passing score required on the Michigan real estate salesperson examination?
Land-use planning classification scheme that can target development and protect conservation areas.
Land use controls
Abstract of Title
1. An abstract of title is a condensed history of all recorded documents affecting a property's ownership, including deeds, mortgages, liens, and other encumbrances, used to verify clear title before a real estate transact…
How many questions are on the Michigan real estate salesperson exam?
Tenancy by the Entirety (MI)
What testing company administers the Michigan real estate salesperson exam?
Market ___: the most probable price a property should bring in a competitive, open market under fair-sale conditions, as opposed to the price actually paid.
Property appraisal
1.2 Michigan License Requirements
What is the continuing education requirement for Michigan real estate license renewal?
Accretion
1. Accretion is the gradual and imperceptible addition of land to a property through natural deposits of soil, sand, or sediment by water action, with the new land becoming the property of the landowner.
Swap tiles to line up three of the same term.
Term Match
Appurtenant Easement
Which of the following is NOT required to obtain a Michigan real estate salesperson license?
Measure comparing a mortgage's amount with the property's appraised worth.
Mortgage financing
Adverse Possession
1. Adverse possession is a legal doctrine that allows someone to claim ownership of land after occupying it openly, continuously, and without permission for a statutory period, typically ranging from 5 to 20 years dependin…
What is the license period for Michigan real estate salespersons?
Land Contract (MI)
What must a Michigan real estate salesperson have before they can practice?
Failure to keep a covenant or provision in a lease.
Contract law
1.3 Michigan License Types and Broker Supervision
How long must a Michigan real estate salesperson license be held before applying for a broker license?
Question · Medium
Agency (Real Estate)
1. Agency is a legal relationship where a real estate agent (agent) is authorized to act on behalf of a client (principal) in a real estate transaction.
Flip two cards at a time to find matching terms.
Term Pairs
Encumbrance
What is the name of Michigan's online licensing system?
Federal law of 2000 under which a contract may not be denied legal effect solely because it was formed or executed digitally rather than on paper.
Amortization
1. Amortization is the process of spreading loan payments over time in regular installments, with each payment covering both principal and interest, gradually reducing the loan balance to zero.
Can a person with a felony conviction obtain a Michigan real estate license?
Listing Agreement Types
Agency Law
What happens if a Michigan salesperson fails to renew their license on time?
___ of attorney: legal document that lets someone else act for you, such as selling property while you are away.
Agency relationships
1.4 License Maintenance and Renewal
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