By what date must all renewal requirements be satisfied?

The correct answer indicates that all renewal requirements must be satisfied by June 15th of the renewal year to ensure that the individual can continue to practice as a licensed real estate salesperson in Minnesota. This date is significant because it represents a deadline that allows the Minnesota Department of Commerce to process all renewals in a timely manner before the license expiration. Meeting the requirements by this date ensures that individuals have ample time to complete any necessary continuing education courses and submit relevant paperwork without risking a lapse in their license status.

This particular deadline is also consistent with broader regulatory practices, which aim to maintain a streamlined process for both the licensing authority and the real estate professionals seeking to comply with state regulations. By adhering to this timeline, real estate agents can avoid penalties and ensure they remain in good standing with their licensing body.