Minnesota License Law

In Minnesota, which of the following is true about the real estate exam requirement?

AOnly the national portion is required
BCandidates must pass both the national and state-specific portions of the licensing exam✓ Correct
CThe exam is optional for candidates with a law degree
DThe exam is replaced by an interview with the Department of Commerce

Explanation

Minnesota real estate licensing candidates must pass both the national portion and the state-specific (Minnesota) portion of the licensing exam administered by PSI or another approved vendor. The state portion covers Minnesota-specific laws, agency disclosure requirements, and state-specific practices.

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