As the real estate industry changes, so do the legal and regulatory requirements that control and monitor the real estate business. In 2009, the Michigan legislature passed a series of regulatory laws that will affect how you do business.

Course highlights include:

• Changes to agency disclosures
• Expansion of the Real Estate Transfer Act
• Changes to the rules regarding the Principal Residence Exemption
• Requirements of licensure for mortgage loan officers
• Protection of military personnel from foreclosure proceedings while on active duty
• Changes to the Owner Built Residence Transfer Act