Employing Broker Notification Form PDF Details

Navigating the path to becoming a licensed real estate salesperson involves navigating a raft of forms and requirements, among which the Employing Broker Notification form stands out as a crucial milestone. Crafted by the Michigan Department of Licensing and Regulatory Affairs, this document, officially known as BCS/LRE-052, forms a vital bridge for new salesperson applicants who initially failed to designate a broker during their application process via the iCOLA platform or decided to switch brokers thereafter. Its completion is not optional; it's a mandatory step without which the applicant's journey towards licensure either halts or leads to an incorrect affiliation, potentially affecting their career start in real estate. The form captures basic yet imperative details about both the salesperson and the broker, ensuring that once a license is awarded, the broker undertakes to supervise the salesperson's activities diligently. This form underscores a systematic attempt to streamline the licensing process, emphasizing the importance of having a responsible broker to guide budding real estate professionals. The procedure outlined for submission is user friendly, allowing for either mail or fax, catering to the convenience of the applicants while keeping the process tightly regulated.

QuestionAnswer
Form NameEmploying Broker Notification Form
Form Length1 pages
Fillable?No
Fillable fields0
Avg. time to fill out15 sec
Other namesbroker notification form michigan, state of michigan real estate employing broker notification form, michigan employing broker, michigan application of employing broker form

Form Preview Example

BCS/LRE-052 (10/11)

Michigan Department of Licensing and Regulatory Affairs Bureau of Commercial Services

Licensing Division

REAL ESTATE

P.O. Box 30243, Lansing, MI 48909

517-373-7353 Fax: 517-373-1044 www.michigan.gov/realestate

DEPARTMENT USE ONLY

ID # 65-01

Date Approved

Approved By

EMPLOYING BROKER NOTIFICATION

AUTHORITY:

P.A. 299 of 1980, as amended

COMPLETION:

Mandatory

PENALTY:

Failure to complete may result in denial of your application

 

 

 

INSTRUCTIONS AND INFORMATION

 

 

1.This form may only be used by NEW salesperson applicants who have applied for licensure at the www.michigan.gov/icola website and did not list a broker when applying, or have changed brokers after applying on iCOLA prior to license exam. This form is required

to affiliate with the proper broker. If you do not submit this form your license will remain pending in the database or may be issued to the incorrect broker.

2.Salesperson license applications filed on iCOLA are valid one year from the date of first applying. If application is over one year old; you must re-apply on iCOLA at www.michigan.gov/iCOLA.

3.TYPE OR PRINT CLEARLY IN BLACK INK.

4.Fill out this form, sign it and have your employing broker also sign. Mail the form to the address listed above, or fax to: 517-373-1044. If you are faxing this form, please do not mail the original.

APPLICANT INFORMATION

Applicant's Legal Name (First, Middle, Last)

Home Address (Number and Street)

City

State

ZIP

E-mail Address

Daytime Phone Number

Social Security Number

Date of Birth

Date Passed Exam

EMPLOYING BROKER INFORMATION

Broker Name - as shown on Broker's license. DO NOT USE DBA, Associate Broker or Branch Office.

Broker's License I.D. Number

65-

AFFILIATION REQUEST (both the applicant and broker must sign)

We request that the Department issue applicant a real estate saleperson's license. If the license is issued, the broker agrees to exercise careful supervision over the salesperson's real estate activities.

Signature of Salesperson Applicant

 

Date

 

 

 

Signature of Employing Broker/Associate Broker

 

Date

 

 

 

Licensed Name of Employing Broker (Please print or type)

 

 

LARA is an equal opportunity employer/program. Auxiliary aids, services and other reasonable accommodations are available upon request to individuals with disabilities.

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lara notification to emplying broker conclusion process detailed (portion 2)

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