Estate Salesperson Michigan Exam Questions Correctly Answered |100% Verified

Does an attorney at law need a real estate license {Ans: No}Unilateral {Ans: Only one party agrees to do something}Deposits {Ans: The brokers accepts deposits that must remain until closing. when the closing is over they have 2 banking days to deposit}A devise is {Ans: Is that part of the will that grants real property}When selling your own proparty a brokers licence is only required when... {Ans: more than 5 sales in 12 month period, devoting more than 50% of time to sale of real estate, hold oneself as engaged in realestae.}Deduction for homeowners {Ans: Interest on a mortgage, Mortgage prepayment penalty, Property taxed,}