Minnesota License Law
A Minnesota licensee who provides false information on a license application is subject to:
AA $100 fine only
BLicense denial or revocation and potential criminal prosecution for fraud✓ Correct
COnly a warning for a first offense
DMandatory counseling
Explanation
Providing false information on a Minnesota real estate license application is a serious violation that can result in denial of the application, revocation of the license if already issued, and potential criminal prosecution for fraud or making false statements to a state agency.
Related Minnesota Minnesota License Law Questions
- A Minnesota real estate company wants to use a team name like 'Smith Team.' What is required under Minnesota advertising rules?
- The Minnesota real estate salesperson exam contains how many questions?
- Under MN Chapter 82, the term 'broker' requires the licensee to:
- A Minnesota real estate company operating under a trade name must:
- A Minnesota real estate licensee who wishes to engage in property management must:
- The Minnesota continuing education requirement of 30 hours per renewal cycle must include mandatory topics covering:
- A Minnesota real estate license that has been inactive for more than 2 years may be reactivated by:
- The Minnesota Real Estate License Law requires a broker to maintain transaction records for at least:
Practice More Minnesota Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Minnesota Quiz →