Minnesota License Law
Under Minnesota law, the statute of limitations for filing a complaint against a real estate licensee for fraud is:
A1 year from the transaction
B2 years from discovery of the fraud✓ Correct
C6 years from the transaction date
DThere is no time limit for fraud claims
Explanation
Minnesota's statute of limitations for fraud claims is generally 6 years from when the fraud was discovered or reasonably should have been discovered. Real estate fraud cases must be filed within this period.
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