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FAQ: How do I renew my Minnesota salesperson license?

How do I renew my Minnesota salesperson license?

Your Minnesota real estate broker will submit your renewal application on your behalf. The renewal fee for a salesperson license totals $70.The Department of Commerce will notify your broker when the renewal application is approved.

Related Questions

What is the cost of renewing my Minnesota salesperson license?

The fee for renewal is $70. The fee breakdown is $40 for the renewal, $20 for the real estate education, research, and recovery fun, and a $30 technology surcharge.

Is there a grace period for renewing my MN salesperson license?

Your license is expired if not renewed by the due date. If you do not renew your salesperson license within two years of your license expiration, your license will be canceled.

How do I get my MN real estate license reinstated once it has expired?

Ask your broker about missing requirements. You must meet these requirements before applying to reactivate your license. You’ll need to pay the $70 renewal fee plus a $20 reactivation fee. This must be done before two years lapse, or you will need to begin the Minnesota salesperson licensing process again.

What would cause my MN real estate salesperson license to go inactive?

Your real estate license can become inactive for failing to complete continuing education, ending your association with a licensed broker, for outstanding tax or child support obligations, an enforcement action, or if your associated broker’s license becomes inactive.

How do I transfer my MN license to a new broker?

Ask your new Minnesota licensed real estate broker to apply for a transfer of license. You can transfer your license as long as your renewal deadline has not passed.

Do I have to take education courses if my MN license is inactive?

Yes. You must meet the continuing education requirements in order to have your salesperson license reinstated.

How do I renew my Minnesota salesperson license?

Your Minnesota real estate broker will submit your renewal application on your behalf. The renewal fee for a salesperson license totals $70. The Department of Commerce will notify your broker when the renewal application is approved.

What are the MN salesperson license continuing education requirements?

During the two years your license is active, you must complete at least 30 hours of continuing education. 15 of those hours must be in the year before your renewal. You must also take one hour of anti-discrimination laws training and one hour on laws or regulations concerning agency representation.

How often do I need to renew my MN real estate salesperson license?

Your Minnesota real estate salesperson license is good for two years. You must stay associated with an actively licensed Minnesota real estate broker and meet the continuing education requirements.

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