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Minnesota (MN) Real Estate Law
Questions And Correct Answers
(Verified Answers) Plus Rationales 2026
Q&A Instant Download Pdf
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1. What is the minimum age for an applicant seeking a Minnesota real estate
salesperson or broker license?
A. 16
B. 17
C. 18
D. 21
Answer: 18
Rationale: Minnesota law requires an applicant for a real estate broker or
salesperson license to be at least 18 years old when applying.
2. How many prelicensing courses must a Minnesota salesperson complete
before applying for a license?
A. One
B. Two
C. Three
D. Four
Answer: Three
Rationale: Minnesota requires Course I, Course II, and Course III for salesperson
licensure. Each course consists of 30 hours.
, 3. Which course must a Minnesota salesperson complete before taking the
salesperson examination?
A. Course I
B. Course II
C. Course III
D. All three courses
Answer: Course I
Rationale: Course I must be successfully completed before taking the
salesperson examination. Courses II and III must be completed before applying
for the license.
4. Who submits a Minnesota salesperson's license application?
A. The salesperson personally
B. The county recorder
C. A licensed primary broker
D. The examination vendor
Answer: A licensed primary broker
Rationale: Minnesota requires a licensed primary broker to submit the
salesperson license application.
5. What is the minimum licensed salesperson experience generally required
for a Minnesota resident seeking a broker license?
A. One year
B. Two years
C. Three years
D. Five years
Answer: Three years
,Rationale: A Minnesota resident generally must have at least three years of
licensed real estate salesperson experience within the five years before applying
for the broker examination.
6. How frequently does Minnesota generally require real estate licensees to
complete continuing education?
A. Every six months
B. Every year
C. Every two years
D. Every five years
Answer: Every year
Rationale: Minnesota real estate licensees have annual continuing education
requirements tied to the June 30 renewal deadline.
7. What is the general continuing education requirement for Minnesota
salespersons?
A. 10 hours annually
B. 15 hours annually
C. 20 hours annually
D. 30 hours annually
Answer: 30 hours annually
Rationale: Minnesota generally requires salespersons to complete 30 hours of
continuing education before the June 30 renewal deadline.
8. What is the general annual continuing education requirement for
Minnesota brokers?
A. 15 hours
B. 20 hours
C. 25 hours
D. 30 hours
, Answer: 30 hours
Rationale: Minnesota generally requires brokers to complete 30 hours of
continuing education during the applicable licensing period.
9. When must a Minnesota licensee generally provide an agency disclosure
form in a residential transaction?
A. At closing
B. After the offer is accepted
C. At the first substantive contact
D. Only when requested
Answer: At the first substantive contact
Rationale: Minnesota law requires an agency disclosure form at the first
substantive contact in a residential real property transaction.
10.Is the Minnesota agency disclosure form itself a representation contract?
A. Yes
B. No
C. Only for buyers
D. Only for sellers
Answer: No
Rationale: The agency disclosure form explains available relationships but is not
a contract for representation.
11.Until a written representation contract is signed, a consumer generally is
treated as what?
A. A client
B. A fiduciary
C. A customer
D. A principal broker
Minnesota (MN) Real Estate Law
Questions And Correct Answers
(Verified Answers) Plus Rationales 2026
Q&A Instant Download Pdf
___________________________________________________________________
1. What is the minimum age for an applicant seeking a Minnesota real estate
salesperson or broker license?
A. 16
B. 17
C. 18
D. 21
Answer: 18
Rationale: Minnesota law requires an applicant for a real estate broker or
salesperson license to be at least 18 years old when applying.
2. How many prelicensing courses must a Minnesota salesperson complete
before applying for a license?
A. One
B. Two
C. Three
D. Four
Answer: Three
Rationale: Minnesota requires Course I, Course II, and Course III for salesperson
licensure. Each course consists of 30 hours.
, 3. Which course must a Minnesota salesperson complete before taking the
salesperson examination?
A. Course I
B. Course II
C. Course III
D. All three courses
Answer: Course I
Rationale: Course I must be successfully completed before taking the
salesperson examination. Courses II and III must be completed before applying
for the license.
4. Who submits a Minnesota salesperson's license application?
A. The salesperson personally
B. The county recorder
C. A licensed primary broker
D. The examination vendor
Answer: A licensed primary broker
Rationale: Minnesota requires a licensed primary broker to submit the
salesperson license application.
5. What is the minimum licensed salesperson experience generally required
for a Minnesota resident seeking a broker license?
A. One year
B. Two years
C. Three years
D. Five years
Answer: Three years
,Rationale: A Minnesota resident generally must have at least three years of
licensed real estate salesperson experience within the five years before applying
for the broker examination.
6. How frequently does Minnesota generally require real estate licensees to
complete continuing education?
A. Every six months
B. Every year
C. Every two years
D. Every five years
Answer: Every year
Rationale: Minnesota real estate licensees have annual continuing education
requirements tied to the June 30 renewal deadline.
7. What is the general continuing education requirement for Minnesota
salespersons?
A. 10 hours annually
B. 15 hours annually
C. 20 hours annually
D. 30 hours annually
Answer: 30 hours annually
Rationale: Minnesota generally requires salespersons to complete 30 hours of
continuing education before the June 30 renewal deadline.
8. What is the general annual continuing education requirement for
Minnesota brokers?
A. 15 hours
B. 20 hours
C. 25 hours
D. 30 hours
, Answer: 30 hours
Rationale: Minnesota generally requires brokers to complete 30 hours of
continuing education during the applicable licensing period.
9. When must a Minnesota licensee generally provide an agency disclosure
form in a residential transaction?
A. At closing
B. After the offer is accepted
C. At the first substantive contact
D. Only when requested
Answer: At the first substantive contact
Rationale: Minnesota law requires an agency disclosure form at the first
substantive contact in a residential real property transaction.
10.Is the Minnesota agency disclosure form itself a representation contract?
A. Yes
B. No
C. Only for buyers
D. Only for sellers
Answer: No
Rationale: The agency disclosure form explains available relationships but is not
a contract for representation.
11.Until a written representation contract is signed, a consumer generally is
treated as what?
A. A client
B. A fiduciary
C. A customer
D. A principal broker
