MI Real Estate Broker 30 Hour Prelicensure Course
Instructor: Gwyn Besner
This 30 hour prelicensure course is approved and certified by the state of Michigan. Students will gain the expertise and tools needed to pass the state exam. Gwyn Besner, a respected and well known educator in Real Estate, now offers a top quality online video course that walks you through the principles of law, civil rights, contracts, ethics, property law, finance and management. Included are hundreds of practice questions and math problems to help prepare you for the exam.
This course covers:
- Michigan Occupational Code
Learning Objective: Students will recognize which portions of the Occupational Code pertain to and regulate the real estate industry.
- Contract Law
Learning Objective: Identify the components of a contract, what conditions may apply and what constitutes a breach of contract.
- Agency, Ethics and Broker Principles
- Learning Objective: Be able to prepare a policy and procedure manual for their business.
- Nature Of Property
Learning Objective: Accurately read a local description and locate property based on metes and bounds, surveys and subdivisions.
- Deeds, Rights and Restrictions
Learning Objective: Recognize various forms of estates, ownership, conveyance of property and easements.
- Valuation and Taxation
Learning Objective: Understand homeowner benefits, determination of value/taxes, appraisal criteria, and point of sale requirements.
Learning Objective: Be able to apply the rules and regulations of state and federal agencies as they pertain to real estate finance; insurance, mortgages, loans and lenders.
- Property Management
Learning Objective: Be able to identify rental and property management requirements, understand commencement and termination inventory checklists, and the use of leases.
- Fair Housing
Learning Objective: Be able to discuss the history and development of civil rights and fair housing legislation, and apply that towards the goal of a discrimination-free business.
FINAL EXAM 70% Passing Score Required
Michigan 40/30 Hour Practice Exam
This is a Practice Exam that has been included in your package. You will want to go over this, the Midterm and the Final Exams as many times as it takes until you feel confident with the material.
It is very important for licensee candidates to watch the videos AND read the text material below each video. There is a great deal of information in the text below that the instructor does not discuss in the video, and information the instructor discusses that is not in the text. The best way to learn the material and then pass the exam is to study BOTH! It is also a good idea to print the text material for study purposes.