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Commonly Asked Questions about Michigan Real Estate Legal Documents

To earn your real estate license in Michigan, you must be at least 18 years old, complete 40 hours of approved education, submit an exam application and receive authorization to test, pass the Michigan real estate salesperson licensing exam, and secure employment with a sponsoring broker.
Do I need a lawyer to sell my house in Michigan? No. However, legal counsel can be a good investment especially for those selling without a Realtor.
In most states, your agent is require to provide you with a copy of yoru documents, typically electronically. Most real estate offices are required to keep all documents on file for 3 years.
Unlike some states, Michigan does not require that sellers involve a lawyer in the house-selling transaction. Even if its not required, you might decide to engage a lawyer at some point in the processfor example, to review the final contract or to assist with closing details.
Michigan: Real estate attorneys are not essential for closing but may be advised by your real estate agent. Minnesota: Real estate attorneys are not essential for closing but may be advised by your real estate agent.
In Michigan, a buyer and seller are not required to hire a real estate attorney. However, many people hire real estate attorneys to answer questions and ensure that the transaction goes smoothly.
Real Estate Attorney Cost: How Much Are Real Estate Attorney Fees? Attorney Fees for a Residential Real Estate Transaction$500 $1,500 Attorney Fees for Real Estate Litigation $150 $500 / hr. Attorney Fees for a Quiet Title Action $1,500 $5,000 Attorney Fees for a Partition Action (forced sale) $3,000 $6,0003 more rows