Minnesota State Real Estate Practice Test

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Study for the Minnesota Real Estate Exam. Use flashcards and multiple-choice questions with hints and explanations. Get exam-ready efficiently!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

How long do licensees have to report changes in their contact information?

5 days.
10 days.
15 days.
30 days.

The correct answer is: 10 days.

In Minnesota, real estate licensees are required to report any changes in their contact information within 10 days. This timeframe is set to ensure that the regulatory body has up-to-date information on licensees, which is important for communication regarding licensing status, renewals, and compliance with state regulations. Prompt updates help maintain the integrity of the real estate profession and ensure that all parties involved have access to accurate and current contact information for legal and professional correspondence. This requirement underscores the importance of accountability and professionalism in the field.