Minnesota License Law
A consumer files a complaint against a Minnesota real estate licensee for misrepresentation. After investigation, the Department of Commerce may take which action?
AOnly issue a letter of reprimand
BRevoke the license, impose fines, require restitution, or any combination of these✓ Correct
COnly suspend the license for 30 days maximum
DRefer the matter to the FBI
Explanation
The Minnesota Department of Commerce has broad disciplinary authority over licensees, including license revocation, suspension, fines, required education, restitution orders, and reprimands. The severity of the action depends on the nature and severity of the violation. Serious violations like fraud can result in immediate license revocation.
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