After passing the salesperson's examination, applicants must submit their application and obtain the license within what time frame?

The correct answer is based on the regulations governing the licensure of real estate salespersons in Minnesota. After successfully passing the salesperson's examination, applicants are required to submit their application for licensure within a one-year timeframe. This rule ensures that candidates who have demonstrated their knowledge and competency by passing the exam can quickly transition into the profession and begin practicing with the necessary credentials.

The one-year period allows applicants enough time to gather required documentation and handle any other administrative tasks before officially obtaining their license. It underscores the importance of timely action after completing the educational and examination requirements, ensuring that applicants do not overly delay their entry into the real estate field.

In contrast, the other suggested timeframes—such as six months, nine months, or two years—do not accurately reflect the regulation set forth by the Minnesota Department of Commerce regarding licensure timelines.