40+ Free Minnesota Real Estate Practice Exam Questions (February 2023)

Minnesota Real Estate Exam

1 / 40

Regarding the Minnesota Real Estate Education, Research, and Recovery Fund, how much liability exists per licensee?

2 / 40

Minnesota Fair Housing and Federal Fair Housing Laws prohibit discrimination against many classes. Which is not a protected class?

3 / 40

In Minnesota, how many total hours of continuing education are required for broker license renewal?

4 / 40

In Minnesota, how many total hours of continuing education are required for salesperson license renewal?

5 / 40

Johnny fails to renew his salesperson's license, and it expires; how long does he have to renew his license without having to re-complete prelicensing education?

6 / 40

Per Minnesota Contract Law, what's the maximum length licensees can include in a listing agreement, a holdover clause, automatic extension, or any similar provision?

7 / 40

Complaints received in writing must be kept by a broker for a period of how long?

8 / 40

Per Minnesota law, a listing agreement may contain an override clause when used in conjunction with the purchase or sale of a business. The length of the override clause must be negotiable between the licensee and the buyer of the business, but it cannot be longer than how long?

9 / 40

A licensee must notify the commissioner in writing within how many days if they are named as a defendant of which defendant is alleged of fraud or misrepresentation?

10 / 40

Minnesota has a real estate license reciprocity agreement with:

11 / 40

A revocation of a license prohibits the licensee from making a new application for a license for at least how long from the effective date of the revocation?

12 / 40

In Minnesota, when should you present the agency disclosure form to a potential client?

13 / 40

Becky, a salesperson living in Minneapolis, holds an inactive license. Which of the following acts, if any, may she perform?

14 / 40

The law in all states that provides contracts for the sale of real estate or an interest in real estate are unenforceable unless they are in writing and signed by the parties:

15 / 40

When a salesperson terminates activity on behalf of a broker, the broker shall notify the commissioner within how many days?

16 / 40

Generally speaking, is commingling legal for real estate brokers or salespersons in Minnesota?

17 / 40

How many hours of pre-licensing education are required of a real estate salesperson candidate in Minnesota in total?

18 / 40

If a licensee intends to acquire any interest in an owner's property, when must a Minnesota licensee disclose to the owner of the real property that the licensee is a real estate agent salesperson?

19 / 40

If a hearing is requested by a licensee, the commissioner shall, within how many days of receiving the request, set the date and time for the hearing and notify the licensee or applicant of those facts?

20 / 40

The Minnesota Human Rights Act differs from the Federal Fair Housing Act because Minnesota Fair housing prohibits discrimination due to which of the following?

21 / 40

A Minnesota real estate license must be renewed how often?

22 / 40

How many hours of pre-licensing education are required of a real estate broker candidate in Minnesota in total?

23 / 40

In Minnesota, if someone receives a fee to list, sell, lease, or exchange real estate they are a

24 / 40

A licensee must notify the commissioner in writing within how many days if they are charged with a felony?

25 / 40

Under Minnesota law, at which point is a broker allowed to put a for-sale sign on a property?

26 / 40

Tina is a veteran Minnesota broker who has had her license for 15 years. Tina delivers the final copies of an offer to purchase contract to all the appropriate parties. For how long must Tina retain a copy of the contract per Minnesota law?

27 / 40

How many years of experience (minimum) must a salesperson have to become a broker in Minnesota?

28 / 40

In terms of financing involved for a real estate purchase, which custom is practiced in Minnesota?

29 / 40

In Minnesota, a commercial lease lasting longer than a year must what?

30 / 40

What is the maximum civil penalty that can be imposed for a license law violation in Minnesota?

31 / 40

When a broker does not intend to renew the license of an eligible salesperson who is associated with
the broker, the broker must notify the salesperson by what?

32 / 40

Once the disclosure form is received, how many days does a Minnesota buyer have to review and sign or cancel the contract for deed agreement?

33 / 40

Under agency law in Minnesota, dual agency is

34 / 40

Minnesota Fair Housing and Federal Fair Housing Laws prohibit discrimination against many classes. Which is not a protected class?

35 / 40

Who must comply with Minnesota Fair Housing law?

36 / 40

Minnesota temporary broker's permits are issued when?

37 / 40

A Minnesota real estate license must take continuing education how often?

38 / 40

If a license of a real estate broker or salesperson has been revoked in Minnesota or any other state, applicants must wait how long to apply for examination?

39 / 40

Should the commissioner pay from the recovery portion of the fund any amount in settlement of a claim or toward satisfaction of a judgment against a licensee, the license shall be what?

40 / 40

Who funds the Minnesota Real Estate Education, Research, and Recovery Fund?

Your score is

Hello, welcome to our Minnesota Real Estate Practice Exam.

This free practice exam is here to help you master the state-specific portion of the Minnesota real estate exam. 

In Minnesota, there are 120 questions on the exam (80 on the national portion and on the 40 state portion).

For help with the national portion we have our national real estate practice exam. That section can be used to study the topics featured on those 80 questions.  

For help with the state portion you're in the right place! This section can be used to study the topics featured on those 40 questions.  

The two most effective study tools for the Minnesota state exam portion are using real estate practice exams, and learning Minnesota state-specific license laws.

Our state-specific real estate practice exam is a fantastic tool to help you grasp your state's real estate topics. It works just like our national real estate practice exam and is updated annually. 

Usually, using the state practice exam is enough for students to grasp the concepts. However, if you want more, the single most important resource out there is the laws they base the questions on. If you haven't looked at your state's Real Estate Statutes or Regulations, it's strongly recommended.

The test makers take snippets of laws applicable to your state and use them for the questions. We use the actual state laws to create our questions, which is why some of the questions may look familiar to you. Some websites and prep providers do not, and that's the secret. You need to know your state's laws. 

Furthermore, It would be best if you read through your laws at least once, and that's the greatest advice we can give you. Trust us, we know it can be very time-consuming, but reading through each one of these will provide you with precisely the information you need to pass. 

Best of luck, reach out if you need anything,

Real Estate License Wizard Team

Minnesota Real Estate Statutes and Regulations

Here is our list of recommended Real Estate Statutes and Regulations you need to know:

NOTE: State websites update semi-frequently and sometimes their website URLs change. If any of the links posted below do not work, please reach out and we will update the links promptly. Thank you.


Minnesota’s Real Estate Exam FAQs

Have a question about the real estate exam? Find the answers to all your real estate license questions here:

What are Minnesota’s Real Estate License Requirements?

Real estate license requirements vary from state to state. Here are Minnesota’s requirements:

  • Must be 18 years or older.
  • Must complete required state approved pre-licensing courses (90 credit hours)
  • Estimated cost of total fees and license: $175

How Hard is the Minnesota Real Estate Exam?

The real estate exam is a rigorous and challenging test that weeds out those who are not committed to being skilled agents. To pass the exam in Minnesota, you’ll need to get a score of at least 60 on the national and 30 on the state.

How Many Questions Can You Miss on the Minnesota Real Estate Exam?

In Minnesota, you can miss 20 questions on the national and 10 on the state and still pass the real estate exam.

How Many Times Can You Take the Minnesota Real Estate Exam?

There are no limits to the number of times you can take your real estate exam, but you must pay the exam fees every time you have to retake it.


What Is on the Minnesota Real Estate Exam?

The 120 multiple-choice questions on the salesperson examination cover a variety of topics that are relevant to Minnesota real estate license law. Here are what topics you are expected to know:

Minnesota State Portion:

  1. Minnesota Purpose of License Law/Rules and Regulations
  2. Minnesota Real Estate Licensing Requirements
  3. Minnesota Department of Human Rights Fair Housing
  4. Minnesota Real Estate Education, Research, and Recovery Fund
  5. Minnesota Violations Which May Result in Disciplinary Actions

Minnesota National Portion:

  1. Property Ownership
  2. Land Use Controls and Regulations
  3. Valuation and Market Analysis
  4. Financing
  5. General Principles of Agency
  6. Property Disclosures
  7. Contracts
  8. Leasing and Property Management
  9. Transfer of Title
  10. Practice of Real Estate
  11. Real Estate Calculations

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