Level 6 Licensing Regulation

Question 1

an individual who meets the licensure requirements to be a real estate broker but provides real estate brokerage services as an independent contractor to a real estate broker

Answer 1

associate broker

Question 2

an individual or business entity who may act independently as a real estate professional

Answer 2

broker

Question 3

any physical office other than a brokerage’s main office

Answer 3

branch office

Question 4

the official cancellation of a licensee’s license by the state of Michigan

Answer 4

revocation

Question 5

an individual who performs activities for a real estate broker under their supervision

Answer 5

salesperson