What is the maximum amount of time a real estate licensee can work under a broker’s license after the broker’s death?

The maximum amount of time a real estate licensee can operate under a broker’s license after the broker's death is indeed 30 days. This provision is in place to provide a limited window during which the licensee can continue to conduct business while arrangements are made to transfer the brokerage or find a new broker. During this period, the licensee must seek to either obtain a new broker or take necessary steps to avoid disruption in their real estate activities. This law ensures that there is a consistent and regulated approach to handling brokerage operations following a broker's death, ultimately protecting clients and maintaining the integrity of real estate transactions.

Understanding this timeframe is crucial for licensees who need to plan accordingly to maintain their business operations and comply with Michigan’s licensing regulations.