Real Estate Brokers & Salespersons
If paragraph doesn’t apply, an announcement that no data or records were collected underneath part 20.three . Keep a replica of the task agreement in the prescribed method for the prescribed interval. Payment to an individual in accordance subsection , , or discharges the trustee from legal responsibility for the deposit in the amount paid out. For the needs of subsection and , the provisions of the Real Estate Services Act referred to in that subsection apply to a trustee as if the trustee have been a brokerage. The superintendent may publish, in accordance with the regulations, a policy statement setting out circumstances during which arrangements made under section 11 and or are deemed sufficient for the aim of those sections.
- Article 25 of Public Act 299 of 1980, as amended was created, to license and regulate the practice of real estate brokers and salespersons