What is the maximum number of commercial resale transactions a person can make per year without needing a real estate license?

In Minnesota, individuals can engage in a limited number of commercial real estate transactions without requiring a real estate license. This provision is designed to allow individuals to address certain business needs or venture into real estate without the formalities of licensure, assuming they don't exceed the established threshold.

The law specifies that a person can conduct up to 25 commercial resale transactions in a calendar year without needing a real estate license. This limit serves as a regulatory measure to ensure that those who are regularly involved in real estate transactions, which typically involves complex legalities and financial obligations, are properly licensed and trained to protect both themselves and their clients.

Exceeding this number could lead to legal repercussions or licensing requirements, emphasizing the importance of understanding state regulations concerning real estate transactions. Thus, identifying the correct limit, which is set at 25 transactions, is crucial for anyone planning to engage in commercial real estate activities in Minnesota.