Tom is a Minnesota real estate salesperson whose license has been suspended by the MN DOC. During the suspension period, Tom continues to show properties and negotiate offers on behalf of clients of his broker's office. Under Minnesota Statutes Chapter 82, which of the following best describes the consequences of Tom's actions?
Correct Answer
D) Tom's actions constitute practicing real estate without a license, which is a separate and additional violation that may result in further disciplinary action and potential criminal penalties
Under Minn. Stat. Ch. 82, performing real estate activities that require a license while one's license is suspended constitutes practicing without a license. This is a separate violation from the original conduct that led to the suspension and may result in additional disciplinary action, extended suspension, revocation, and potentially criminal penalties under Minnesota law. A suspension means the licensee has no authority to engage in licensed activities during that period.
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Related Topics & Key Terms
Key Terms:
Related Concepts
FREC has the authority to impose fines and other disciplinary actions on licensees who violate real estate laws and rules.
A group boycott is an illegal antitrust practice in which two or more competing real estate businesses agree to refuse to work with a specific person, company, or entity in order to harm that party's ability to compete.
In real estate, the distinction between an independent contractor and an employee determines tax treatment, liability, and the level of control a broker may exercise over the agent's daily activities. Most real estate agents operate as independent contractors.
More Practice Of Real Estate Questions
In Wyoming real estate practice, an associate broker or salesperson is not associated with a responsible broker at renewal. What should the licensee remember?
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A Wyoming licensee is reviewing an out-of-state salesperson applicant prepares for testing. What is the best answer?
In Wyoming real estate practice, a salesperson applicant age is reviewed. What should the licensee remember?
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