Real Estate License: Residential Leasing Module

Residential Leasing Module MN Association of REALTORSRequired Continuing Education for a MN Real Estate License

A common question we’re hearing these days is “what happens if I don’t take the leasing module continuing education class by June 30, 2012?  Can I get an extension?”

The short answer is you must take this class and pass the exam by June 30, 2012 or your license will be terminated.

The 3.75 hour Residential Leasing Continuing Education module is a mandated class which every Minnesota real estate licensee (except Commercial Licensees) is required to take. In addition to taking the class, each licensee is require to successfully complete an examination by scoring 18 or more correct answers to the 25 written test questions. Those brokers and agents who take the class and pass the exam by June 30, 2012 will have met the requirement. The deadline to complete this requirement is June 30 2012 – and there are no exceptions. No extensions will be given.

If you do not take this class or successfully pass the exam by the June 30th deadline, your license will be terminated by the Minnesota Department of Commerce. Without a license you can’t conduct ANY real estate related activities and all REALTOR® Association services, including MLS will be suspended. Your license will stay terminated until you take the class, pass the exam and apply to have your license reactivated. If a broker has not completed this requirement and his/her license is terminated, the license of all the agents affiliated with the broker will also be terminated.

There are several opportunities to take the class coming up this spring.

April 16th (two sessions available – you just need to attend ONE)

May 2nd (two sessions available – you just need to attend ONE)

The price for these classes is $39 in advance, $59 at the door (if available)

The Minnesota Association of REALTORS® is the largest professional trade association in the state with more than 19,000 members who are active in all aspects of the real estate industry.

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