Sec. 2512b.
The following actions do not constitute participation in a real estate transaction or in the payment of real estate commissions:
(a) As an owner or an authorized agent of the owner, offering an existing tenant of the owner's property a consideration of a value of 1 month's rent or less for referring a prospective tenant to the owner or the authorized agent of the owner for the purpose of entering into a lease agreement.
(b) As an existing tenant of rental property, accepting a consideration of 1 month's rent or less for the referral of prospective tenants.
History: Add. 1981, Act 83, Imd. Eff. July 1, 1981 ;-- Am. 2022, Act 21, Imd. Eff. Mar. 10, 2022 Popular Name: Act 299
Structure Michigan Compiled Laws
Chapter 339 - Occupational Code
Act 299 of 1980 - Occupational Code (339.101 - 339.2919)
Article 25 - (339.2501...339.2518)
Section 339.2501 - Definitions.
Section 339.2502 - Board of Real Estate Brokers and Salespersons; Creation.
Section 339.2503 - Exemptions.
Section 339.2504a - Continuing Education.
Section 339.2510 - Real Estate Salesperson; Commission or Valuable Consideration.
Section 339.2511 - Plan or Scheme for Selling or Promoting Sale of Real Estate.
Section 339.2512 - Prohibited Conduct; Penalties; Filing Complaint Under Article 5.
Section 339.2512c - Property Management Performed by Real Estate Broker.
Section 339.2512e - Advertisement.
Section 339.2512f - Supervision of Real Estate Salesperson.
Section 339.2516a - Inspection of Document or Record by Representative of Department.
Section 339.2516b - Rescission of Rules.