Minnesota License Law
A Minnesota real estate licensee is arrested for felony theft unrelated to real estate activities. The licensee must:
AKeep it private since it is unrelated to real estate
BDisclose the arrest or conviction to the Department of Commerce as required by license law✓ Correct
CWait for a conviction before reporting
DOnly disclose if they are convicted and sentenced to prison
Explanation
Minnesota license law requires licensees to report certain criminal charges and convictions to the Department of Commerce. This includes felony charges even if unrelated to real estate, as they may affect the licensee's fitness to practice.
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