Minnesota Continuing Education COURSE
7/1/25-6/30/26 SALESPERSON & BROKER REQUIRED MODULE - Contracts
Let’s face it—real estate is high-stakes. Whether you're helping a family buy their first home or representing investors in a commercial deal, you're navigating transactions that carry significant financial and emotional weight. In Minnesota, these deals are bound not just by handshakes and goodwill, but by detailed contracts—and when those contracts go sideways, guess who’s in the spotlight? You are.
Your role isn’t just about making deals happen. It’s about making sure they’re legal, ethical, and enforceable. That means understanding what makes a contract valid, what can break it, and how Minnesota laws specifically come into play.
This 3.75-hour mandatory course will walk you through key legal concepts, common contract pitfalls, and best practices that help you protect your clients, your reputation, and your license. It’s not just about staying compliant—it’s about staying sharp in a complex industry.
*Completion of this course will satisfy the 1-Hour Broker Module Requirement.
Course highlights include:
- Elements of a binding contract
- Agency relationships
- Disclosure issues
- Representation agreements
- Facilitator Services agreements
- Showing agreements
- Broker to Broker Compensation agreements
- Residential Purchase agreements
- Counter Offers and Addenda
- Common Contingencies
- Common Interest Communities (CIC)
- “As Is” Addendum
- Default and cancellation of purchase agreements