Pass Your Michigan Real Estate Exam the First Time

The Michigan Land Division Act's rules on "splits" and the specific requirements of Article 25 are very detail-oriented.

Questions

115

80 NAT / 35 STATE

To Pass

70%

~80 / 115 TO PASS

Time Limit

3 Hrs

180 TOTAL MINUTES

Provider

PSI

LARA

Pass your Michigan Salesperson, Associate Broker or Broker License

Michigan’s approach to land division, residential leases, and agency disclosure reflects a regulatory framework that is specific to this state and is not covered accurately by any national prep course.

Candidates who prepare with generic platforms arrive expecting standard answers for questions that Michigan law answers differently. AI generated banks recycle national content and cannot account for the Michigan specific rules the LARA exam draws from. The questions that separate passing candidates from failing ones test distinctions that exist only in Michigan statute.

The License Professor is written by licensed Michigan professionals who built questions around PSI state portion priorities. Every question on Michigan land division rules, leasing requirements, and agency timing is grounded in Michigan statute.

Michigan Sample Exams

Experience the real study interface — no account required.

Salesperson

Individuals new to real estate who want to start their career helping clients buy and sell property

Associate Broker

Experienced agents ready to take on more responsibility while working under a supervising broker

Broker

Experienced professionals who want to operate independently or run their own brokerage

Three Topics that Trip Up Michigan Students Most

Land Division Act

Michigan’s Act 288 governs how parcels can be split without platting, and the 10-year redivision rules with sliding-scale parcel limits (based on acreage tiers up to 10 parcels) are an exam landmine most students memorize wrong.

Read more →

Truth in Renting Act

This 1978 act specifies which clauses are prohibited and which are mandatory in residential leases — exam questions test whether a given lease provision is legally void under Michigan law, and students routinely confuse what is required versus banned.

Occupational Code Article 25

Article 25 defines the licensing structure for brokers, associate brokers, and salespersons — exam takers consistently mix up which entity types can hold broker licenses versus which are limited to individuals only.

The Michigan Real Estate License Professor includes specialized deep dives for each of these.

Choose Your Study Plan

Pass your real estate exam with confidence.

Basic

$49.99

30 Days Access

Everything you need to pass

All practice questions for your state
Learning Mode with detailed explanations
Flashcards & study tools
Simulated practice exams
Track your progress & weak areas
Most Popular

Standard

$59.99

90 Days Access

Everything in Basic, plus:

Pass Guarantee — pass or get a full refund
90 days to study at your own pace

100% Money-Back Guarantee

Best Value

Premium

$69.99

1 Year Access

Everything in Standard, plus:

Full year of unlimited access
Change your state or license type up to 3 times
Pass Guarantee — pass or get a full refund

100% Money-Back Guarantee

Need more time or switching states? Add 90 days of additional access — or change your state and license type — for just $24.99.

Michigan Real Estate Practice Questions

Sample questions from the Michigan real estate exam — with answers and explanations.

1. A Michigan rental property sold for $324,000 with annual rent of $36,000. What is the gross rent multiplier?

  1. A.8.5
  2. B.9.0
  3. C.9.5
  4. D.8.0
Explanation: Using the annual rent the question gives, the gross rent multiplier is $324,000 divided by $36,000, which equals 9.0. A result of 9.5 tempts anyone who transposes the price, because $342,000 divided by $36,000 is exactly 9.5, so multiply back to check: 9 times $36,000 is $324,000. In practice, residential appraisers on Fannie Mae Form 1025 build the multiplier from gross monthly rent, so confirm whether a quoted GRM is monthly or annual before you compare properties.

2. In Michigan, what is considered a 'material fact' requiring disclosure in real estate transactions?

  1. A.Only the seller's personal opinions about the neighborhood
  2. B.Defects over 20 years old that are non-structural
  3. C.Any fact affecting buyer's decision or property value
  4. D.Only issues requiring repairs costing over $5,000
Explanation: Material facts are objective conditions that would reasonably affect a buyer's decision or property value. These include structural defects, environmental hazards, water damage, and significant property issues regardless of age or repair costs.

3. Under Michigan's Occupational Code, which of the following is required of an individual applying for a real estate broker's license?

  1. A.A bachelor's degree in business or finance from an accredited college or university
  2. B.At least 5 years of active licensure as a real estate salesperson
  3. C.Completion of 40 clock hours of approved broker prelicensure courses
  4. D.The equivalent of 3 years of full-time real estate experience
Explanation: MCL 339.2505(7) requires every individual broker applicant to prove the equivalent of 3 years of full-time experience in the business of real estate, on top of the 90 clock hours of broker prelicensure courses in MCL 339.2504(1)(b). Years of holding a salesperson license aren't the test: a salesperson earns a year of credit only for each 12-month period with 5 or more closed transactions, and builders, investors, attorneys, appraisers and loan or title officers can earn credit with no salesperson license at all. If you plan to move up to broker, track your closings by 12-month period starting now, because that's how the department counts your experience.
Start Full Sample Exam →

More on Michigan Licensing

Deeper reading on the topics that matter most for Michigan candidates.

Licensed in more than one state?

Exam prep for Michigan's neighbours, each with its own state law, passing score, and free sample questions.

Browse all 50 states

Michigan Real Estate Exam Structure: What to Expect

The Michigan Salesperson exam combines 80 national questions and 35 state-specific questions in 180 minutes.

Question breakdown

National portion: 80 questions, 56 correct to pass (70%)

Standard PSI national content.

Michigan portion: 35 questions, 25 correct to pass (70%)

Topics:

  • MI license law (10-12 questions)
  • Seller Disclosure Act (5-7 questions)
  • Agency relationships (5-7 questions)
  • Riparian/littoral rights (3-5 questions)
  • Land contracts (3-5 questions)
  • Trust accounts (3-4 questions)

Time management

180 minutes for 115 questions = 94 seconds per question. Generous.

Cost structure

  • Pre-licensing (40 hours): $250-$500
  • Exam: $79
  • License: $88
  • Background check: ~$40
  • Total: $457-$707

Retake rules

Retakes allowed. $79 per attempt.

If you're taking the Associate Broker or Broker exam

Michigan's Associate Broker and Broker exams share the same structure: 115 questions total in 210 minutes, up from the Salesperson exam's 115 questions in 180 minutes — the same total question count, but 30 more minutes and a higher raw passing score (90, up from 80). Like the Salesperson exam, this is a single combined exam with one stated passing score, not two independently-scored portions. Broker content shifts toward brokerage supervision and trust account management. Source: PSI Michigan Real Estate Candidate Bulletin (test-takers.psiexams.com/mire, Updated 10/8/2024), Examination Summary Table p.11.

Topics Covered on the Michigan Real Estate Exam

The figures below describe the Salesperson exam.

National Exam Topics (80 questions)

  1. Property Ownership — Estates, deeds, easements
  2. Land Use Controls — Zoning, government powers
  3. Valuation — Three approaches, CMA
  4. Financing — Mortgages, FHA/VA, RESPA, TILA
  5. Agency — Agency relationships
  6. Contracts — Listing agreements, purchase contracts
  7. Closing — Closing procedures, prorations
  8. Practice — Working with buyers and sellers, fair housing, math

Michigan State Exam Topics (35 questions)

  1. Michigan Occupational Code — License law, LARA rules
  2. Seller Disclosure Act — Mandatory residential disclosure
  3. Agency Disclosure — Michigan-specific agency forms
  4. Riparian/Littoral Rights — Lake property water rights
  5. Land Contracts — Common Michigan financing structure
  6. Trust Accounts — Broker trust account requirements

Why this list matters

Each state topic generates 3-7 questions. Skip Seller Disclosure or riparian/littoral and you've left points on the table.

What this list doesn't tell you

PSI writes scenario-based questions. Practice questions, not just topic review.

Michigan Exam FAQ

Ready to pass your Michigan exam?

Start with a free sample or jump straight to a study plan.

Start Free SampleSee Pricing