A broker dies. For how long does a temporary broker's permit issued to a qualified salesperson of the firm run before it must be renewed?Minn. Stat. 82.63
A broker does not intend to renew the license of an eligible salesperson. What must the broker do?Minn. Stat. 82.62
A broker seeks an additional broker's license for a second business entity. Besides a legitimate business purpose and the ability to supervise, what ownership interest in each entity qualifies the broker?Minn. Stat. 82.63
A broker sues for a commission on a sale made under an oral listing. What does section 82.85 say?Minn. Stat. 82.85
A broker wants to enforce an override clause after a listing expires. What must the broker have furnished to the seller, and when?Minn. Stat. 82.66
A buyer offers a promissory note as earnest money. If the broker is to hold the note as escrow agent, what must the broker obtain?Minn. Stat. 82.75
A buyer tells the licensee that she will not close as the purchase agreement requires. What must the licensee do?Minn. Stat. 82.68
Show all 60 questions (53 more)
Real estate brokerage license law, continued
A cease and desist order is served on a broker, and no hearing is requested. After how long does the order become permanent?Minn. Stat. 45.027
A corporation holds a broker license. Who is its "primary broker" under the license law?Minn. Stat. 82.55
A court enters a final adverse decision against a broker in a suit alleging conversion of funds, and the broker appeals. What does the license law require?Minn. Stat. 82.65
A person who sells real estate as a principal is presumed to be in the business of selling real estate, and so to need a license, at how many transactions in any 12-month period?Minn. Stat. 82.55
A primary broker designates another broker to supervise a branch office. Who bears ultimate responsibility for the actions of the licensees there?Minn. Stat. 82.73
A purchase agreement form includes a clause holding the brokers harmless. When does the license law allow such a clause?Minn. Stat. 82.81
A purchase agreement is silent on who holds the earnest money. Whose trust account receives it?Minn. Stat. 82.75
A salesperson working with a buyer as a facilitator shows the buyer a property that the salesperson has listed. In what role must the salesperson then act?Minn. Stat. 82.67
A seller backs out of a sale through no fault of the buyer. May the listing broker claim part of the buyer's earnest money?Minn. Stat. 82.81
After passing the broker's examination, how long does an individual who is not continuously active as a licensee have to apply for the broker's license before reexamination is needed?Minn. Stat. 82.58
The agreements say nothing about when trust funds are paid out. Within how long after a transaction is consummated or terminated must the broker disburse them?Minn. Stat. 82.75
An investigation of a broker ordered by the commissioner ends with no finding of a violation. Who bears its cost?Minn. Stat. 45.027
An officer of a brokerage corporation holds only a salesperson's license. What authority does the license law deny the officer?Minn. Stat. 82.58
An owner whose home is listed exclusively with another broker calls a licensee to ask about listing with her once that contract expires. What may the licensee do?Minn. Stat. 82.81
Before closing an existing trust account, what must a broker do?Minn. Stat. 82.75
The commissioner suspends a brokerage's license. What happens to the licenses of its salespersons during the suspension?Minn. Stat. 82.82
For which applicant may the commissioner waive the experience requirement for the broker's examination?Minn. Stat. 82.59
The fund pays a claim against a broker, whose license is automatically suspended. What must the broker repay before reinstatement?Minn. Stat. 82.86
In a dual agency, when may the broker disclose one party's motivation for selling to the other party?Minn. Stat. 82.67
To which entity may a salesperson direct that earned commissions be paid?Minn. Stat. 82.70
What does the continuing education law add for brokers each license year?Minn. Stat. 82.61
What is the longest override clause that a listing agreement for a house may contain?Minn. Stat. 82.66
Whatever the number of claims, what is the most the recovery fund may be obligated to pay on account of one licensee?Minn. Stat. 82.86
Interests in real property 12
A landlord has received notice of a mortgage foreclosure sale. Unless an exception applies, what is the longest periodic residential lease the landlord may then enter into?Minn. Stat. 504B.151
A lot was sold from a subdivision that should have been registered under chapter 83 and was not. For how long is the contract voidable at the purchaser's discretion?Minn. Stat. 83.28
A married couple own a cabin as joint tenants. Their marriage is dissolved, and the decree says nothing about how they hold the cabin. What happens to the joint tenancy?Minn. Stat. 500.19
One joint tenant signs a deed meant to sever the joint tenancy and puts it in a drawer. Is the severance legally effective?Minn. Stat. 500.19
Property tax on a homestead is unpaid on its due date. What penalty is imposed at that point?Minn. Stat. 279.01
Rent on a residential tenancy at will is due monthly. How much written notice from either party ends the tenancy?Minn. Stat. 504B.135
Subdivided land may be registered by notification when the subdivision has no more than how many lots, units, parcels or interests?Minn. Stat. 83.23
To enforce an automatic renewal clause in a residential lease of two months or more, when must the landlord's written notice be served or mailed?Minn. Stat. 504B.145
When are unpaid real property taxes deemed delinquent?Minn. Stat. 279.02
Which encumbrance stays ahead of a common interest community association's assessment lien on a unit?Minn. Stat. 515B.3-116
Which instrument affecting a married owner's homestead is valid without both spouses' signatures?Minn. Stat. 507.02
Within how long after the last installment of an assessment becomes payable must a common interest community association begin proceedings to enforce its lien?Minn. Stat. 515B.3-116
Conveyance procedures and protection of parties 11
A buyer of Torrens land receives a certificate of title in good faith and for value. Which interest binds the buyer although it is not noted on the certificate?Minn. Stat. 508.25
A deed conveys land for consideration of $3,000 or less. What is the deed tax?Minn. Stat. 287.21
A homeowner discovers a defect covered by the statutory warranty. Unless the builder has actual notice, within how long must the owner report it to the builder in writing?Minn. Stat. 327A.03
A seller knew of a well on the land and did not disclose it. Within how long after closing must the buyer sue the seller for the cost of sealing it?Minn. Stat. 103I.235
A seller knew the status of a septic system and did not disclose it. Within how long after closing must the buyer sue for the cost of bringing the system into compliance?Minn. Stat. 115.55
An owner deeds the same unregistered parcel to two buyers. The second buyer pays value in good faith, knows nothing of the first deed, and records first. Who prevails?Minn. Stat. 507.34
For how long does the statutory warranty cover faulty installation of a new dwelling's plumbing, electrical, heating and cooling systems?Minn. Stat. 327A.02
To which housing does the Human Rights Act's bar on familial status discrimination NOT apply?Minn. Stat. 363A.21
Under the statute of frauds for leases of goods, a lease contract with no signed record is enforceable when the total payments are less than what amount?Minn. Stat. 336.2A-201
What must accompany a taxable deed before the county recorder may record it?Minn. Stat. 287.241
Which instrument is exempt from the deed tax?Minn. Stat. 287.22
Financial instruments 7
A mechanic's lien statement has been recorded. Within how long after the date of the last item of the claim must the lienholder assert the lien in court?Minn. Stat. 514.12
A mortgage is foreclosed by advertisement with a six-month redemption period, and the sale brings less than the debt. May the lender obtain a deficiency judgment?Minn. Stat. 582.30
A subcontractor with no direct contract with the owner must give the owner written notice within how long after first furnishing labor or materials, to keep the right to a lien?Minn. Stat. 514.011
An owner moves out of the homestead and files no notice claiming it. After how long is the owner deemed to have abandoned it?Minn. Stat. 510.07
Until when may a mortgagor reinstate a mortgage that is being foreclosed, by paying the amount in default with the allowed costs?Minn. Stat. 580.30
When is the mortgagor's redemption period after a foreclosure sale by advertisement 12 months and not six?Minn. Stat. 580.23
Which of these is a requisite for foreclosing a mortgage by advertisement?Minn. Stat. 580.02
How this list was compiled: Written from Minnesota Statutes chapter 82 and sections 45.027, 83.23, 83.28, 103I.235, 115.55, 279.01, 279.02, 287.21, 287.22, 287.241, 327A.02, 327A.03, 336.2A-201, 363A.21, 500.19, 504B.135, 504B.145, 504B.151, 507.02, 507.34, 508.25, 510.07, 514.011, 514.12, 515B.3-116, 580.02, 580.23, 580.30 and 582.30, as published by the Office of the Revisor of Statutes at https://www.revisor.mn.gov/statutes/, read 2026-10-13. The spread of topics follows the broker counts of the Minnesota state content outline in the Real Estate Salesperson, Broker and Abstracter Examination Candidate Information Bulletin issued for the Minnesota Department of Commerce, which cites these chapters; the bulletin is at https://test-takers.psiexams.com/api/content/bulletin/10954. Licence: Own work. Questions, answer choices and explanations were written for this site from the statute text; nothing is copied from another practice test, a prep book or the state exam. Short quotations from the statutes are marked.
How it works
An unofficial Minnesota real estate broker practice exam: 60 questions of our own for the state portion of the broker exam, written from Minnesota Statutes; this site is not affiliated with the Minnesota Department of Commerce, which licenses brokers.
Read the full guide
The broker's state portion
The Minnesota state content outline in the candidate information bulletin gives brokers four sections, and the bank follows their proportions: real estate brokerage license law, interests in real property, conveyance procedures and protection of parties, and financial instruments. Half the questions are license law. The general portion and its math are left out.
What a primary broker answers for
The license law questions lean on the broker's side of chapter 82: supervising each place of business, renewing salespersons' licenses, trust account notices and disbursement, override clauses and protective lists, the temporary broker's permit and the recovery fund's limits.
Trust funds are disbursed within ten business days after a transaction ends when the agreements set no time (82.75).
Designating a broker to supervise a branch does not relieve the primary broker of ultimate responsibility (82.73).
A six-month redemption period after foreclosure by advertisement rules out a deficiency judgment (582.30).
Questions and answers
How many questions are on the Minnesota real estate broker exam?
The candidate information bulletin lists 75 items worth 80 points in 2.5 hours for the general portion and 60 items in 1.5 hours for the broker state portion, 4 hours when both are taken. Five to ten unscored questions may be added.
What score passes the Minnesota broker exam?
Minnesota Statutes 82.59 sets a passing grade of 75 percent or higher on the uniform portion and 75 percent or higher on the state portion. The bulletin adds that a candidate who fails one portion retakes only that one.
What are the requirements for a Minnesota broker license?
Section 82.59 asks for three years of actual experience as a licensed salesperson within the previous five years, or a waiver, and a 30-hour broker course completed within 12 months before the application. Section 82.58 sets a minimum age of 18.
Are these the real Minnesota broker exam questions?
No. All 60 were written for this page from Minnesota Statutes, and each keyed answer was matched against the section it cites. No licensed Minnesota broker or attorney has reviewed them.