Michigan Administrative Code (Last Updated: November 16, 2016) |
Department LR. Licensing and Regulatory Affairs |
Bureau of Professional Licensing |
Chapter Real Estate Brokers and Salespersons |
Part 2. LICENSING |
Section 339.22211. Transfer of salespersons or non-principal associate brokers license; transfer of pocket card and wall license.
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Rule 211. Upon receipt of the completed application for transfer to a new broker, the proper fees, and the old license, the department shall consider the pocket card proper evidence of licensing for 45 days from the latest date written on the back of the card. If the applicant is notified that the application is incomplete, or the broker to whom he or she is transferring is not licensed, the pocket card shall no longer be valid and the applicant shall wait until the new broker receives the wall license and pocket card before engaging in regulated activities.
History: 1991 AACS; 2002 AACS; 2014 AACS.