Minnesota State Real Estate Practice Test 2025 - Free Real Estate Practice Questions and Study Guide

Question: 1 / 400

What is one of the required modules included in the continuing education for salesperson licensees?

Real estate ethics

Agency law

Agency law is a required module included in the continuing education for salesperson licensees because it is fundamental to the practice of real estate. Understanding agency law is crucial as it defines the relationship between agents and their clients. This encompasses the duties and responsibilities an agent has towards their clients, including loyalty, disclosure, and the need to act in the client's best interest. Knowledge of agency law helps salespersons navigate their professional obligations and maintain compliance with Minnesota regulations, ultimately ensuring they serve their clients effectively and ethically.

While real estate ethics, property management, and mortgage financing are important topics in the field, they are not specifically mandated as core components of the continuing education required for salesperson licensees in Minnesota.

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Property management

Mortgage financing

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