If a broker becomes incapacitated, the Commissioner may issue a temporary broker permit to an individual with how much experience as a real estate licensee?

If a broker becomes incapacitated, the Commissioner may issue a temporary broker permit to an individual with how much experience as a real estate licensee?

• A. 1 year
• B. 2 years
• C. 3 years
• D. 4 years

Answer: (B)

In Minnesota, when a broker becomes incapacitated, the Commissioner has the authority to issue a temporary broker permit to ensure that the operations of the brokerage can continue smoothly. The requirement for the individual receiving this temporary permit is that they must have a minimum of two years of experience as a licensed real estate salesperson. This duration of experience is designed to ensure that the individual has a sufficient understanding of real estate practices, legal requirements, and the responsibilities inherent in being a broker. Thus, the two-year requirement serves to maintain a standard of competence and continuity in brokerage operations during the broker's incapacitation, allowing the temporary permit holder to effectively manage the brokerage's activities until a permanent solution is established.

In Minnesota, when a broker becomes incapacitated, the Commissioner has the authority to issue a temporary broker permit to ensure that the operations of the brokerage can continue smoothly. The requirement for the individual receiving this temporary permit is that they must have a minimum of two years of experience as a licensed real estate salesperson. This duration of experience is designed to ensure that the individual has a sufficient understanding of real estate practices, legal requirements, and the responsibilities inherent in being a broker. Thus, the two-year requirement serves to maintain a standard of competence and continuity in brokerage operations during the broker's incapacitation, allowing the temporary permit holder to effectively manage the brokerage's activities until a permanent solution is established.