MN Course 1 Exam Prep: Licensing, Agency, and
Contracts / Actual Test Questions with Detailed Verified Answers / Already Graded A / 2025.Stretch your brain before your first study session Terms in this set (78) Learn / 71Study with Learn Broker Choose matching term 1 Salespersons must receive all compensation for brokerage activities only through their _______.2Unenforceable contract 3Suit of specific performance4 How long is the initial license period for a salesperson or a broker?Don't know? 1 / 2
How many hours of education must an applicant for a salesperson's license take in Minnesota before sitting for the exam?(Course 1)30 How many hours of education must an applicant for a salesperson's license take in Minnesota before applying for a license?3)90 (Courses 1, 2, and What's a passing percentage for the Minnesota salesperson license exam?75% How is the Minnesota Salesperson Course 1 course final administered?It must be proctored.How many pieces of ID must an applicant bring to the testing center?Two; one must be government issued, and both must be in the legal name that will appear on the applicant's license.What is a REALTOR®? A member of the National Association of REALTORS® Salespersons must receive all compensation for brokerage activities only through their _______.Broker If a salesperson wanted to specialize in farm properties, what additional licensure is needed?None; as long as the salesperson can provide competent service, no additional education or certification is required for specialization.
- / 2