MNCAR Focus/Commercial Agent Exemptions 2013
Commercial Agent Exemptions 2013
Legislation was enacted on July 1, 2011 that requires additional education for licensed real estate practitioners.
MNCAR ensured that individuals who are engaged solely in the practice of commercial real estate are exempt from these requirements, as per Minn. Statute Chapter 82.61. See the full statue here:
About Exemption Letter
Every licensee who practices commercial solely must submit this letter every year, in order to be exempt from the requirements. This is because the module courses change each year.
Brokers can send a letter on behalf of all of their licensed agents. It must list all agents’ names and license numbers, and it must be signed by the primary broker.