Question

When must a Minnesota licensee disclose the licensed name of the brokerage under whom the licensee is authorized to conduct business?

A) Only when requested by the client.
B) Within 10 business days of beginning employment with the brokerage.
C) Only during the closing process of a real estate transaction.
D) At the licensee's discretion.

Answer 1

Licensees in Minnesota must disclose the licensed name of their brokerage within 10 business days of beginning employment.

Step-by-step explanation:

According to Minnesota real estate law, a licensee must disclose the licensed name of the brokerage under whom they are authorized to conduct business within 10 business days of beginning employment with the brokerage.