Minnesota License Law
Under MN Chapter 82, which of the following is grounds for license discipline by the Department of Commerce?
ADisclosing material facts to a buyer
BMisrepresentation or fraud in a real estate transaction✓ Correct
CMaintaining proper trust account records
DCompleting required continuing education
Explanation
Misrepresentation, fraud, dishonest dealing, and similar conduct are grounds for disciplinary action by the Minnesota Department of Commerce, including license suspension, revocation, civil penalties, and orders for restitution. These actions protect the public from unethical licensees.
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