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Minnesota Real Estate Broker — License Examination Requirements

US-MN · License preparation

This page provides licensing requirements, not a question bank. Review the applicable pathway and official sources below.

Licenses, application pathways and examination requirements

Each license and applicant pathway has its own requirements and exemptions. Choosing practice questions does not determine your eligibility.

Limited Real Estate Broker's License

Limited business entity broker license for transactions as principal or negotiations of nonresidential mortgage loans.

Licensing authority: Minnesota Department of Commerce · Application information

Limited broker licensure for nonresidential mortgage negotiations
No examination is required for this applicant pathway.
Application
Apply as an individual proprietor or other business entity and pay the associated fee; there are no prelicense education, prelicense examination or continuing-education requirements in the Department's exhaustive limited-license instructions.
Permitted activity
Negotiate mortgage loans other than residential mortgage loans; the statutory residential-mortgage definition controls.
Staffing
No salesperson may act for an individual limited broker; a responsible person of a limited-license business entity may act without separate licensing requirements.
Trust account
Give trust-account status notice or obtain its waiver when no trust funds will be received.

Official no-examination sources

Effective from 2026-09-22.

Limited broker licensure for transactions as principal
No examination is required for this applicant pathway.
Application
Apply as an individual proprietor or other business entity and pay the associated fee; there are no prelicense education, prelicense examination or continuing-education requirements in the Department's exhaustive limited-license instructions.
Permitted activity
Engage in transactions as principal only.
Staffing
No salesperson may act for an individual limited broker; a responsible person of a limited-license business entity may act without separate licensing requirements.
Trust account
Give trust-account status notice or obtain its waiver when no trust funds will be received.

Official no-examination sources

Effective from 2026-09-22.

Limited broker renewal
No examination is required for this applicant pathway.
Education
Limited brokers have no continuing-education requirement under the guide.
Renewal
Renew online by June 30 of the assigned expiration year, pay the renewal fee and verify trust-account status; licenses last up to two years.

Official no-examination sources

Effective from 2026-09-22.

Real Estate Company (Business Entity Broker License)

Brokerage business entity license with an individually licensed responsible broker.

Licensing authority: Minnesota Department of Commerce · Application information

Initial business entity broker licensure
No examination is required for this applicant pathway.
Application
Responsible person verifies the business entity application; submit the required responsible-person applications and fee.
Broker status
The primary broker must be an elected officer of the company under the Department guide.
Responsible broker
At least one responsible person must already hold an individual broker license; a responsible person intending to act as broker must obtain that individual license separately.

Official no-examination sources

Effective from 2026-09-22.

Business entity broker renewal
No examination is required for this applicant pathway.
Renewal
Primary broker renews the company and associated licenses through PULSE before June 30; individual broker continuing education is on that broker's own routes.
Responsible broker
Maintain the individually licensed primary broker and required individual-license compliance.

Official no-examination sources

Effective from 2026-09-22.

Temporary Broker's Permit

Discretionary 45-day permit on death, incapacity or loss of the brokerage broker's license; renewable once.

Licensing authority: Minnesota Department of Commerce · Application information

One time extension of the temporary broker permit
No examination is required for this applicant pathway.
Extension
Apply before the initial permit expires; show a good-faith effort to obtain a regular broker license in the preceding 45 days and no harm to the public interest. The commissioner renews once.
Ordinary license
Efforts to obtain the ordinary broker license do not convert its separate examination requirements into an examination prerequisite for the temporary extension.

Official no-examination sources

Effective from 2026-09-22.

Initial temporary broker permit
No examination is required for this applicant pathway.
Discretion
Commissioner may issue a 45-day permit; company-authorized request and documentation of the triggering event, ownership and designation are required.
Eligibility
At least three years actual experience as a licensed salesperson and otherwise reasonably qualified to act as a broker.
Restricted associates
Only salespersons licensed to the affected broker at the triggering event may act for the temporary permit holder.
Trigger
Death, incapacity or loss of the brokerage broker's license.

Official no-examination sources

Effective from 2026-09-22.