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Free Minnesota Real Estate Broker Examination — State Portion Practice Questions

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Sample Practice Questions

Try these 10 sample questions from the Minnesota Real Estate Broker Examination — State Portion practice bank. Each includes the answer and explanation. Continue with the interactive practice above to review the full question set.

  1. 1A Minnesota licensee represents both the buyer and seller in one residential transaction. Which statutory term describes that relationship?

    1. A. Seller agency
    2. B. Dual agency
    3. C. Facilitator relationship
    4. D. Buyer agency

    Answer: B

    Explanation: Section 82.55 says dual agency exists when "a licensee owes a duty" to more than one party. Representing both sides fits that rule.

    Reference: Minnesota Statutes 2025, Chapter 82 — § 82.55, subd. 6

  2. 2A married sole owner signs a deed conveying the couple’s Minnesota homestead, but the owner’s spouse does not sign and no statutory exception applies. Is the deed valid?

    1. A. Yes, because title is held by one spouse
    2. B. Yes, if the deed is recorded
    3. C. No, both spouses must sign
    4. D. No, unless the grantee pays cash

    Answer: C

    Explanation: Section 507.02 provides that "no conveyance of the homestead ... shall be valid without the signatures of both spouses" unless an identified exception applies.

    Reference: Minnesota Statutes 2025, Chapter 507 — § 507.02

  3. 3Can someone obtain title to Minnesota registered land against the registered owner solely by adverse possession?

    1. A. Yes, after five years
    2. B. Yes, after ten years
    3. C. Yes, after 15 years
    4. D. No, adverse possession cannot create such title

    Answer: D

    Explanation: No derogating title to registered land may be acquired "by adverse possession," so option D applies.

    Reference: Minnesota Statutes 2025, Chapter 508 — § 508.02

  4. 4A lender wants to foreclose a power-of-sale mortgage by advertisement, but an assignment of the mortgage was never recorded. Is the statutory prerequisite met?

    1. A. Yes, if the borrower received actual notice
    2. B. Yes, if the assignment was notarized
    3. C. No, all assignments must be recorded or registered
    4. D. No, foreclosure by advertisement never permits assignments

    Answer: C

    Explanation: The statute expressly addresses the case "if it has been assigned" and requires all assignments to be recorded or registered.

    Reference: Minnesota Statutes 2025, Chapter 580 — § 580.02(3)

  5. 5A buyer signs a representation agreement with a Minnesota licensee. Under chapter 82, what is the licensee called?

    1. A. Buyer’s broker
    2. B. Closing agent
    3. C. Facilitator
    4. D. Loan broker

    Answer: A

    Explanation: The statutory definition applies to a licensee who "represents a buyer under a signed" agreement. That person is the buyer’s broker.

    Reference: Minnesota Statutes 2025, Chapter 82 — § 82.55, subd. 3a

  6. 6A grant conveys land to two people without saying they take as joint tenants. What ownership form does Minnesota law presume?

    1. A. Tenancy in common
    2. B. Joint tenancy
    3. C. Tenancy by the entirety
    4. D. Community property

    Answer: A

    Explanation: Absent an express joint-tenancy declaration, the grant creates "estates in common" under section 500.19.

    Reference: Minnesota Statutes 2025, Chapter 500 — § 500.19, subd. 2

  7. 7Which claim may burden registered land even when it is not noted on the latest certificate of title?

    1. A. A real property tax lien
    2. B. An unrecorded six-year commercial lease
    3. C. An undisclosed purchase option
    4. D. A private restrictive covenant never recorded

    Answer: A

    Explanation: Among statutory exceptions, section 508.25 lists "the lien of any real property tax or special assessment."

    Reference: Minnesota Statutes 2025, Chapter 508 — § 508.25(2)

  8. 8For a foreclosure by advertisement of occupied premises, what are the ordinary publication and occupant-service periods before sale?

    1. A. Four weeks published and two weeks before sale
    2. B. Six weeks published and at least four weeks before sale
    3. C. Eight weeks published and at least six weeks before sale
    4. D. Twelve weeks published and at least eight weeks before sale

    Answer: B

    Explanation: Section 580.03 requires "Six weeks' published notice" and service on the occupant "at least four weeks before the appointed time of sale."

    Reference: Minnesota Statutes 2025, Chapter 580 — § 580.03

  9. 9A brokerage holds earnest money pending completion or termination of a sale. How does chapter 82 classify that money?

    1. A. Operating funds
    2. B. Advance fees
    3. C. Trust funds
    4. D. Brokerage equity

    Answer: C

    Explanation: The definition covers "funds received by a broker" in a fiduciary capacity. Earnest money held pending the sale is trust funds.

    Reference: Minnesota Statutes 2025, Chapter 82 — § 82.55, subd. 26

  10. 10One joint tenant alone signs an instrument severing the joint tenancy. What makes that unilateral severance effective?

    1. A. Delivering it privately to the other joint tenant
    2. B. Recording it in the appropriate county land-record office
    3. C. Notarizing it without delivery or recording
    4. D. Giving a copy to the property-tax assessor

    Answer: B

    Explanation: One statutory route applies when "the instrument of severance is recorded" in the proper county office.

    Reference: Minnesota Statutes 2025, Chapter 500 — § 500.19, subd. 5

Topics in this practice bank

These topics describe the available practice for Minnesota Real Estate Broker Examination — State Portion. Review the examination outline and its sources for scope and allocation details.

  • Laws and Rules — Real Estate Brokerage License Law (Broker 25)
    • Definitions — Ch. 82.55
    • Licensing — Ch. 82.57–82.63
    • Trust accounts — Ch. 82.75
    • Standards of Conduct — Ch. 82.72–82.73
    • Commissioner’s authority — Ch. 45.011–45.43
    • Real Estate Education, Research, and Recovery Fund — Ch. 82.86
    • Agency Disclosure Requirements — Ch. 82.67
    • Other Disclosure Requirements — Ch. 82.68
    • Compensation — Ch. 82.70
  • Interests in Real Property (Broker 10)
    • Ownership
    • Ownership — Conveyance by Spouses, Ch. 507.02, 500.19
    • Ownership — Subdivided Lands, Ch. 83.20–83.45
    • Ownership — Common interest ownership
    • Ownership — Common interest ownership — Condominiums, Ch. 515
    • Ownership — Common interest ownership — Uniform Condominium Act, Ch. 515A
    • Ownership — Common interest ownership — Minnesota Common Interest Ownership Act, Ch. 515B
    • Ownership — Real estate taxes and special assessments, Ch. 279
    • Landlords and tenants — Ch. 504B
  • Conveyance Procedures and Protection of Parties (Broker 9)
    • Recording and fees
    • Recording and fees — Registration, Torrens, Ch. 508
    • Recording and fees — Mortgage Registry Tax; Deed Tax, Ch. 287
    • Statutory Home Warranties — Ch. 327A.02, Statutory Warranties
    • Minnesota Human Rights Act — Ch. 363A, Department of Human Rights
    • Minnesota Statute of Frauds
    • Minnesota Statute of Frauds — Enforcement of Property Agreements and Other Contracts, Ch. 513
    • Minnesota Statute of Frauds — Frauds, Ch. 336.2A-201
    • Environmental Issues
    • Environmental Issues — Septic systems, Individual Sewage Treatment Systems, Sec. 115.55
    • Environmental Issues — Wells, Real property sale; disclosure of location of wells, Sec. 103I.235
    • Environmental Issues — Leaking underground storage tanks, Pollution Control Agency, Sec. 116.46–48; Petroleum Tank Release, Sec. 115C.01–09
  • Financial Instruments: Obligations, Rights, Remedies (Broker 6)
    • Mortgages/contracts for deed
    • Mortgages/contracts for deed — Foreclosures/cancellation and redemption rights
    • Mortgages/contracts for deed — Foreclosures/cancellation and redemption rights — Mortgages; Foreclosure by Advertisement, Ch. 580
    • Mortgages/contracts for deed — Foreclosures/cancellation and redemption rights — Mortgages; Foreclosure by Action, Ch. 581
    • Mortgages/contracts for deed — Foreclosures/cancellation and redemption rights — Mortgages; Foreclosure, General Provisions, Ch. 582
    • Mortgages/contracts for deed — Contract for deed, Sec. 559
    • Mortgages/contracts for deed — Homestead exemptions, Ch. 510
    • Liens — Liens; Labor, Material, Ch. 514

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These are independent study questions, not actual examination items. For examination requirements and official information, view Minnesota Real Estate Broker Examination — State Portion details.