7/1/24 - 6/30/25 MN Required Module: Risk Management and Minnesota License Procedures (REACTIVATION)

$45

This product includes:

ANNUAL CE REQUIREMENT Elective Hours: 0 Mandatory Hours: 3.75 Total Hours: 3.75

Description

State Requirements

The business of real estate has serious risks. In residential real estate transactions, you're responsible for assisting clients/customers in one of the largest purchases of their lives. In commercial real estate transactions, the stakes are arguably higher and often have millions of dollars at stake. The consumers we serve literally risk hundreds of thousands of dollars or more and require your expertise to hold it all together. In addition, people invest not just their money in a real estate purchase; they invest their emotions and their family’s well-being in these transactions. When things go wrong, they look to you as the cause first.

This 3.75-hour mandatory course will cover important laws, regulations, and best practices to consider in order to manage risk and ensure you maintain your license to practice real estate in the state of Minnesota.

Course highlights include:

Risk definition and overview
Disclosure of financial interests
Advertising disclosure requirements
Compensation disclosure and disbursement
Disclosure of material facts
Contract details and interference of contract
Requirements of Listing agreements
Facilitator agreements
Purchase agreements
Negotiations requirements
Trust accounts
Cancellation of contracts
License application process, including recent updates
License maintenance procedures
Examinations and education providers
Continuing education and license education requirements

Package Content:

State Requirements For Minnesota

Minnesota State Requirement Details for Real Estate Continuing Education

Hours Required by the State: 15 hours per year

Renewal Date: 6/30 every two years (annual CE requirement is 15 hours)

Please Note: Although the renewal date is 6/30, all CE must be completed by 6/15

The CE Shop’s Offering: 15 hours

7-1-25 - 6-30-26 MN Required Module: Contracts

This 2025/2026 Module also Satisfies the 1-Hour Broker Module Requirement.It does NOT satisfy the Fair Housing Requirement or Agency Law Requirement

Reporting: The state requires course completions to be reported to the state. We will report your course to the state upon completion.

Expiration Date of Course: Course expiration dates vary by course. Each individual course will have an expiration date listed in your account. See Terms & Conditions for more details.

Certificates: Immediately upon course completions, The CE Shop will provide students with an electronic copy of the course certificate of completion. Certificates will remain in your account for a minimum of five years, should you need additional copies at a later time. Please refer to your application to determine if you need to submit your certificate(s) of completion. Course completion dates are recorded using Central Standard Time. Please note that the date on your certificate of completion will reflect this.

Final Exam: Final exams must be passed with a minimum of 70%

Seat Time: It is required that all students spend a minimum amount of seat time engaged in the course content. Our online course delivery system manages this requirement for you.

Max Hours in a 24-Hour Period: Students will not receive credit for more than 8 hours of prelicense education in a 24-hour period. Our online course delivery system manages this requirement for you.