Minnesota License Law
A Minnesota real estate license may be placed on 'referral status' to allow a licensee to:
APractice real estate without a sponsoring broker
BEarn referral fees while not actively practicing real estate✓ Correct
CReceive commissions from past clients indefinitely
DPractice in other states without a separate license
Explanation
Some Minnesota brokerages offer a referral status that allows licensees who are not actively practicing to maintain their license in an inactive or limited status to receive referral fees for sending potential clients to active agents. The licensee cannot perform other licensed activities.
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