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Residential Builder

Inside the Michigan Residential Builder and M&A Contractor Salesperson Key Facts Digest: What's in Your Resources Tab

The Michigan Residential Builder and M&A Contractor Salesperson track on passvana has a Resources tab of quick-reference material built from the official exam outline and the state's own laws, with each fact checked against its source. Here is what is in it.

Michigan Residential Builder and M&A Contractor Salesperson Exam

  • Tables: Michigan Builder Salesperson Exam: Structure, Weights & How to Schedule (free); Salesperson Licensing: Who, How, Deadlines & Penalties; Fair Housing, Home Solicitation, Advertising & Lead Rules; Contracts: Required Terms, Liens, Warranties & Financing
  • Flashcard decks: Michigan Salesperson Exam & License Quick Facts (free); Estimating Math: Waste, Markup, Discounts & Labor; Construction Drawings: Scale, Sheets & Symbols

A few checked facts worth knowing

  • Who is a salesperson An agent who solicits contracts for the builder for a commission. Only occasional sales that are incidental to another job (an office manager, for example) do not need a license. (MCL 339.2401(d))
  • Penalties First offense of practicing without a license: a fine of $5,000 to $25,000. Maximum administrative fine for a licensee who violates the Code: $10,000. (MCL 339.601(6)(a); 339.602(e))
  • After cancellation The seller tenders payments back within 10 days and, if it does not demand return of delivered goods within 20 days, the goods become the buyer's. If services were already performed, the seller is not entitled to compensation. (MCL 445.114(1); 445.115(1)-(2))
  • Departing from plans Willfully departing from plans and specifications in a material way, to another's prejudice, is a violation unless the owner or representative consents. (MCL 339.2411(2)(d))

What is free to preview

Items marked free above can be opened by anyone. The rest come with the track, along with its full practice-question bank. For the exam format and passing score, see our Michigan Residential Builder and M&A Contractor Salesperson exam cheat sheet.

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