How long will a temporary license issued by the commissioner following a transfer application by a salesperson last?

Prepare for the Minnesota Real Estate Salesperson Exam. Engage with flashcards and multiple choice questions, each with hints and explanations. Ace your exam!

A temporary license issued by the commissioner in response to a salesperson's transfer application lasts for 45 days. This temporary license is designed to allow the salesperson to continue operating while their full license transfer is being processed. The 45-day timeframe is established by regulatory requirements to ensure that the salesperson can remain active in the real estate market during the transition period, allowing for sufficient time to complete the necessary licensing procedures. After this period, if the transfer has not been finalized, the salesperson would need to cease activities until the full license is granted.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy