MICHIGAN Real Estate CE
Registered Provider with the State of Michigan
Complete Annual Recommended CE 6 Hrs Required Legal and Elective
All Electives - 12 Hour Package 12 Hrs Electives CE Pack
14 Hour Catch-up Package 14 Hrs Legal and Electives
Asset Management 3 Hrs
1031 Exchanges 3 Hrs
Real Estate Math 3 Hrs
Fair Housing 4 Hrs
Home Inspection 4 Hrs
Environmental Hazards 4 Hrs
Property Management 4 Hrs
Real Estate Finance 4 Hrs
Titles and Records 4 Hrs
Code of Ethics 7 Hrs
MICHIGAN
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The standard license cycle is three years. All current real estate licenses will expire 10/31/2012. All licensees require some continuing education every year.
One of the easiest ways to remember is to just continue to complete 6 clock hours of CE every year. Of those 6 hours, 2 must include law and rules updates.
There no longer is a "waiver" of CE for the first year the license is issued.
The CE requirements are pro-rated depending upon which year of the three-year cycle the license is issued, but ALL licensees require CE to renew.
*Important Note: Licenses are not issued for a term of less than 4 months (120 days). Therefore, each July in the first year of a three-year cycle, the next expiration date is used. For example, we issued 10/31/2012 expiration licenses beginning July of 2009.
The “every year” CE mandate therefore could mean that someone’s first “year” might be as long as 16 months if it was issued in July-August-September-October of that first year.
The second year is 11/1/2010 to 10/31/2011 and third year is 11/1/2011 to 10/31/2012 (license expiration).
To recap, each year, licensees must complete a minimum two clock hours of “law” related real estate continuing education. When renewing, and before expiration, each licensee must accumulate a total number of hours applicable to that licensee’s issue date.
For example,
• The license was issued in the first year of the three year cycle, 18 hours are required
• Issued in the second year, 12 hours
• And issued in the third year, 6 hours are required, respectively.
CE course numbers for the current three-year license cycle (2009-2012) are prefaced with a L (e.g., L500, L297, L700) and are given separate course numbers if the hours can be counted toward the law and rules mandatory requirement.
Relicensure applicants may use L courses toward getting relicensed but those courses are then USED and CANNOT count toward the renewal requirements in October 2012.
All licensees can track CE hours that are posted to their i.d. number by accessing this http://www.cis.state.mi.us/bcsc/coned/research.htm. Enter the 10-digit i.d. number and click on it to see the listing of courses credited. It is important to keep continuing education completion certificates to refer to when signing up for new classes. This way, you can ensure that you do not take the same course twice (as credit will be given only once). If a reporting error occurs, you will be able to prove attendance.
Lists of CE Sponsors who are course providers are available and can be viewed in a number of formats (e.g., on-line courses only, all providers, etc.).
Licenses EXPIRE 10-31-12 and to continue uninterrupted practice, sufficient CE must be attained by that date. There is a 60-day late renewal period, however the license is considered expired. Practice must CEASE until the renewal requirements are met and the renewed license is issued and received.
Failure to meet the CE requirements by 12-30-12 will lapse the license. If relicensure is desired, a relicensure application and fee are required.
Renewal fees are earned upon receipt and are non-refundable. If you are not going to meet the requirements for renewal, do not pay your renewal fee. You can apply for relicensure at a date you can meet the requirements.
SAMPLE COURSE DESCRIPTIONS
The package include the following courses.
MI CE Laws, Rules, & Court Cases
Liens, Taxes, & Foreclosures
Approved Course Number(s):
K5161
K5161
K3412
The package include the following courses.
Liens, Taxes, and Foreclosures
Fair Housing
Contracts, Purchases, and Sales Agreements
Approved Course Number(s):
K3412
The package include the following courses.
Real Property Ownership and Land Use
Fair Housing
Environmental Hazards
MI CE Laws, Rules
Approved Course Number(s):
K3409
K3409
K5161
K5161
This module covers Michigan's real estate license law and regulatory information. In particular it will look at the state occupational code and general rules of the Occupational Board. Additionally, it will delve into regulatory acts such as the Seller Disclosure Act and inspection issues.
This course covers a broad range of topics related to the law and real estate regulations to help the student find ways to guide clients through this often complicated legislation. It includes the following lessons:
•Michigan Real Estate License Law
•Regulatory Points
In addition, this course includes a final practice lesson. This concluding lesson presents real-world dilemmas and concrete applications of the information presented in the rest of the module. As the student completes this course, he or she should try to develop a broad picture of license law and regulation and how they fit into the larger practice of real estate. The last lesson will help with this project by presenting MAR�® updates and case study.
As the market becomes more competitive, only a business comprised of well-rounded licensees who provide comprehensive advice will continue to stand out. This course instructs real estate licensees on the basics of home inspection. An understanding of this information will allow the student to serve his or her clients and customers better.
This course presents an overview of the home inspection business and explains how it fits into the real estate industry as a whole. In addition, the course covers the regulatory bodies and professional organizations associated with home inspection. At the conclusion of this course, the student will understand the methods used to inspect homes, will know what to look for when examining properties, both inside and out, and will understand the various types of inspection reports and the differences between them.
LEARNING OBJECTIVES
Upon completion of this module, the student will be able to:
•Understand the development of home inspection in the inspection business
•Appreciate an inspector's role at closing in residential sales transactions
•Know the tools needed and conduct expected in the field
•Distinguish various field report styles and know the benefits and drawbacks to each
•Understand an inspector's professional liability
•Recognize the steps in the examination process
•Identify common misconceptions about home inspection
•Value membership to a reputable, non-profit home inspection organization
•Know the extent of home inspection legislation
•Appreciate the different ways states regulate the home inspection industry
Regulatory Requirement
Our staff works diligently to provide you with an analysis of current mandates and legislation that affects you the licensee. All information pertaining to the Mandatory Continuing Education requirements can be found on the State Requirements page. You can find the link to this page on the upper Navigation bar on the Course Catalog.
Clear, mutually-acceptable agreements are an essential component of the legal transference of ownership. In the practice of real estate, contracts are the instruments used to describe and record the agreements surrounding the conveyance of property. Some type of contract is nearly always involved, whether a salesperson is promising to sell a property within a specified period of time, a prospective buyer is placing an offer on a house or a seller is considering an offer on property.
Before entering into a legally binding agreement, real estate professionals must fully understand the contracts that govern their industry. Failure to understand contracts opens a licensee to various kinds of liability and can seriously damage one’s professional reputation. Therefore, it is vital that real estate professionals learn this material so that they can protect themselves against errors, oversights and misunderstandings.
In this module, the student will learn about the types of general contracts as well as the different kinds of real estate contracts. The module begins by providing the student with an overview of the various types of contracts: bilateral, unilateral, implied, express, executed, executory, valid, void, voidable and unenforceable. Once the student is introduced to the different types of contracts, he or she learns what makes a contract legally enforceable, this being the five components that make a contract valid: mutual assent, legally competent parties, consideration, lawful objective and adherence to a statute of frauds.
This module includes the following lessons:
•Introduction to Contracts
•Contract Fulfillment
•Real Estate Contracts
•Contracts, Purchase and Sales Agreements in Texas
The fourth and concluding lesson in this module presents real-world dilemmas and concrete applications of the information presented in the rest of the course. As the student completes this module, he or she should try to develop a broad picture of environmental issues and how they fit into the larger practice of real estate; the last lesson will help with this project by presenting comprehensive content questions, practice problems and case studies.
LEARNING OBJECTIVES
Upon completion of this module, the student will be able to:
•Name and explain the various components of a valid contract.
•Identify the differences between a unilateral and bilateral contracts.
•Describe the various types of contracts.
•Recognize the difference between a forbearance and performance agreement.
•Outline the features of a contract (and the contracting parties) that make a contract legally binding.
•Recognize the general features of an incomplete or incorrectly completed contract.
•Identify when a contract can be discharged.
•Recognize the different kinds of real estate contracts.
This module introduces the student to some of the general ideas and theories that help make up our concept of ethical judgment. This provides a background for a detailed discussion of professional real estate ethics, framed in terms of the NAR ® Code of Ethics. In this module, we will frequently refer to the NAR®’s Code of Ethics as “the Code of Ethics” or “the Code.”
With a basic understanding of ethics and a clear idea of the requirements imposed by the NAR ® Code of Ethics, the student will then explore the steps of the ethical decision-making process and the ways in which ethical conduct contributes to better business practices.
This module includes the following lessons:
•Introduction to Ethics
•The NAR®’s Code of Ethics, Part One
•The NAR®’s Code of Ethics, Part Two
•How Professional Standards Are Enforced Through a Local Board or Association of REALTORS®
•Ethical Conduct and Better Business Practices
The module also contains a sixth lesson, which is a practice lesson. It presents real-world dilemmas and concrete applications of the information presented in the rest of the course. As the student completes this module, he or she should try to develop a broad picture of professional real estate ethics and how they fit into the larger practice of real estate; the last lesson will help with this project by presenting comprehensive content questions, practice problems and case studies.
Learning Objectives
Upon completion of this course, the student will be able to:
•Define a general notion of ethics and distinguish ethical behavior from other similar notions, such as “legal behavior.”
•Briefly describe the two general ethical theories used in this course.
•List the major categories covered by the Articles of the NAR Code of Ethics.
•Describe the basic structure of the NAR®’s Code of Ethics and its supporting materials.
•Identify at least two ideals mentioned in the Preamble to the NAR®’s Code.
•Describe the concepts treated in at least two of the following Articles of the Code of Ethics: Articles 1, 2, 3, 9, 11, 12, 16, and 17.
•Identify possible violations of the NAR®’s Code of Ethics through interactive learning methods such as case studies and quizzes.
•Briefly describe how the professional standards described in the NAR®’s Code of Ethics are enforced by a local Board or Association of REALTORS®.
•Distinguish between fraud, negligent misrepresentation and negligence.
•Describe how the NAR®’s Code of Ethics is good for the real estate profession
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Michigan Cities
Albion, Alma, Alpena, Ann Arbor, Auburn Hills,Battle Creek ,Belleville, Benzie County,
Big Bay, Big Rapids, Birmingham, Bridgman, Boyne City, Brighton, Cadillac ,Canton,
Canton Township, Carson City, Cass City, Cedar Springs, Charlevoix,Charlotte,
Charlevoix,Cheboygan,Clinton Township,Croswell,Dearborn, Dearborn Heights,
Delhi Township, Delta County,Delta Township,Detroit, Dexter ,Dundee, Durand,
East Grand Rapids ,East Lansing,Eastpointe, Evart ,Farmington, Farmington Hills,
Ferndale, Flat Rock,Flint ,Gaylord,Grand Blanc Township, Grand Haven Township,
Grand Ledge, Grand Marais ,Grand Rapids, Grayling, Grosse Pointe Woods,
Harbor Country,Harbor Springs ,Hart ,Hell ,Holland, Holland ,Homer, Houghton Lake,
Howell, Hudson, Hudsonville, Huntington Woods, Huron Township, Ionia ,Jackson ,
Kalamazoo ,Keego Harbor ,Lake Odessa,Lansing ,Lansing Township, Livonia,
Ludington, Mackinac Island,Manchester ,Midland ,Milan,Mount Pleasant ,
Munising ,Muskegon, Nashville ,Niles, Northville, Novi ,Oak Park, Oakland Township,
Orion Township ,Owosso, Oxford Township, Petoskey,Plymouth,Port Huron,
Port Sanilac, Portage,Richmond,Rochester, Rochester Hills, Rockford, Roseville,
Saint Clair,Saint Clair Shores ,Saint Ignace, Saint Johns, Saint Joseph,Saugatuck & Douglas ,Sault Ste Marie, Shelby Township, South Haven, South Lyon, Southfield,
Stephenson, Sterling Heights, Sturgis ,Summit Township, Taylor,Traverse City,
Trenton,Vermontville ,Wayne, Westland,Zeeland
Online SchoolRoom is the premier site for real estate continuing ed classes. You can learn about us or contact us if you have a problem and we have help available 24/7. We have continuing ed courses for Arizona, Arkansas, California, Colorado, Connecticut, Florida, Georgia, Indiana and Kansas. We also serve Maine, Michigan, Minnesota, Mississippi, Missouri and Montana. The list continues with Nebraska, Nevada, New York, North Carolina, Ohio, Oklahoma, Pennsylvania and Tennessee. We finish with Texas and Virginia. If you can't find what you are looking for, please use our sitemap.
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1. What is the cost of the course and what methods of payment are accepted?
A:The cost of each course is located in the course catalog. You may pay using all major credit cards (Visa, MasterCard, Discover, American Express) and Telecheck.
2. Is it secure to send my credit card information over the internet?
A:Yes. We use a secure site since credit card transactions are very sensitive in nature.
3. What happens if I get disconnected from the internet?
A:If you are disconnected from the Internet, you will need to log back into your account. In this case, you will return to the beginning of the lesson you were working on.
4.Can I take the course from various locations and computers?
A:Our courses are set up for students to access their account from any computer that is compatible and has Internet access.
5. What happens if I have technical difficulties or the system malfunctions during the course?
A:A trusted eLearning provider,
We are dedicated to the support of our students and have help available 24/7.
Call for registration help 877.230.9485
Call for bulk rates 877.230.9485
6. Can I take this course with the AOL browser?
A:Although you can take the course with any browser of your choosing please note that our technical support team is not able to provide assistance in the event of a problem while taking a course with the AOL browser.
7. Do I need to use a PC? What if I have a Macintosh?
A:If you have a MAC you can still sign on to take any of our classes. Many of our customers have taken their courses on a MAC and had no problems whatsoever. However, be aware that our technical support team may be unable to assist you should you encounter technical difficulties. If you have a MAC, you will need the latest version of internet explorer as well as the latest version of the Macromedia Flash Player.
8. Do I need to have sound on my computer to take these classes?
A:While sound is another feature of our courses, it is not necessary for a customer to have sound in order to learn the course material or complete the course. All information played in audio is also displayed in text by the course player.
9. How do I get a username or password? What do I use it for? What should I do if I forget it?
A:The username and password is selected by the student. It should be easily remembered; we suggest the student use their email address. Students will use the same username and password each time they log in to the virtual university page to access their course. Returning students are able to log in using the Returning Student section on the home page of the virtual university.
10. How to get the credit hours reported?
It depends on your state, please call our support center for more information.
11. Who do I contact to take the State Real Estate Exam?
A:Contact your State's Real Estate Commissions board to sign up and register for the state exam.
12. Can the pre-licensing courses be repeated for state post licensing requirements or the SAE in Texas?
A:No, the courses you took for your pre-licensing can not be repeated as post license / SAE courses.
13. If I am licensed in another state, how many credit hours are required to get a Real Estate license in Texas?
A:Texas does not offer reciprocity with any other states in regards to real estate licensure. To become licensed in the state of Texas,
an out of state licensee must meet all current Texas licensing requirements.
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