Minnesota License Law
Under Minnesota Chapter 82, which activity does NOT require a real estate license?
ARepresenting a buyer in purchasing a home for a fee
BLeasing commercial space on behalf of a property owner for compensation
CSelling foreclosed homes on behalf of a bank for a fee
DAn attorney selling their own personal residence✓ Correct
Explanation
An attorney selling their own personal residence does not need a real estate license because they are the property owner, not acting on behalf of others. Attorneys have certain limited exemptions in Minnesota but still need a license to practice real estate for others. The license requirement applies to those who represent others in real estate transactions for compensation.
Related Minnesota Minnesota License Law Questions
- The Minnesota Real Estate License Law allows the Department of Commerce to take disciplinary action including all of the following EXCEPT:
- Under MN Chapter 82, an individual who is exempt from the real estate licensing requirement includes a(n):
- A Minnesota licensed salesperson is also a licensed attorney. When doing real estate work, what disclosures are required?
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- What minimum score must a candidate achieve to pass the Minnesota real estate salesperson exam?
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- What is the minimum continuing education requirement for Minnesota real estate licensees during each renewal period?
- A Minnesota broker is found to have violated Chapter 82. Which penalty is NOT within the Department of Commerce's authority to impose?
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