Michigan License Law Practice Test

To renew their license, what is required of a broker regarding continuing education?

1. Complete 10 hours annually

2. Complete 18 hours total with specific requirements

3. Complete 20 hours including 6 on ethics

4. Complete 15 hours focused on sales techniques

The correct answer is: Complete 18 hours total with specific requirements

To renew their license, brokers in Michigan must complete a total of 18 hours of continuing education, which includes specific requirements. This structured approach ensures that brokers stay updated on laws, regulations, and practices relevant to real estate, which enhances their competency and professionalism within the industry. The requirement consists of specific courses covering essential topics such as legal issues, business management, and real estate practices that are crucial for maintaining effective service to clients. The focus on continuing education reflects the importance of keeping real estate professionals knowledgeable about the changing landscape of the industry, including new laws and best practices. While other options mention different hour requirements or topics, they do not align with the stipulated requirements for renewing a broker's license in Michigan. Thus, the correct answer emphasizes the importance of both the total hours and the need to cover specific subjects in continuing education, thereby aligning with state regulations and professional standards.