Subdivision 1. Amounts. The following fees shall be paid to the commissioner:
(a) a fee of $150 for each initial individual broker's license, and a fee of $100 for each renewal thereof;
(b) a fee of $70 for each initial salesperson's license, and a fee of $40 for each renewal thereof;
(c) a fee of $85 for each initial real estate closing agent license, and a fee of $60 for each renewal thereof;
(d) a fee of $150 for each initial corporate, limited liability company, or partnership license, and a fee of $100 for each renewal thereof;
(e) a fee for payment to the education, research and recovery fund in accordance with section 82.86;
(f) a fee of $20 for each transfer;
(g) a fee of $20 for reactivating a corporate, limited liability company, or partnership license; and
(h) in addition to the fees required under this subdivision, individual licensees under clauses (a) and (b) shall pay, for each initial license and renewal, a technology surcharge of up to $40 under section 45.24, unless the commissioner has adjusted the surcharge as permitted under that section.
Subd. 2. Forfeiture. All fees shall be retained by the commissioner and shall be nonreturnable, except that an overpayment of any fee shall be the subject of a refund upon proper application.
Subd. 3. Broker payment consolidation. For all license renewal fees, recovery fund renewal fees, and recovery fund assessments pursuant to this section and section 82.86, the broker must remit the fees or assessments for the company, broker, and all salespersons licensed to the broker.
Subd. 4. Deposit of fees. Unless otherwise provided by this chapter, all fees collected under this chapter shall be deposited in the state treasury. The technology surcharge shall be deposited as required under section 45.24.
Subd. 5. Initial license expiration; fee reduction. An initial license issued under this chapter expires in the year that results in the term of the license being at least 12 months, but no more than 24 months.
Subd. 6. Cash not accepted. All fees must be paid by check, draft, credit card, or other negotiable or nonnegotiable instrument or order of withdrawal that is drawn against funds held by a financial institution. Cash will not be accepted.
Subd. 7. Overpayment of fees. An overpayment of a fee paid pursuant to this chapter shall be refunded within a reasonable time after a letter requesting the refund is received by the commissioner and signed by the person making the overpayment.
Refunds shall not be given for anything other than overpayment of fees. A request for a refund of an overpayment must be received by the commissioner within six months of the date of deposit or it will be forfeited.
1973 c 410 s 5; 1979 c 144 s 2; 1980 c 614 s 75; 1984 c 552 s 10; 1987 c 336 s 22; 1989 c 347 s 17; 1992 c 513 art 3 s 28; 1993 c 309 s 11,12; 1993 c 369 s 45; 1994 c 632 art 4 s 34,35; 1997 c 200 art 1 s 48; 2004 c 203 art 2 s 38,39,61; 2007 c 57 art 3 s 36,37; 2010 c 384 s 52; 2014 c 199 s 6-8; 1Sp2021 c 4 art 3 s 21,22
Structure Minnesota Statutes
Chapters 82 - 83 — Real Estate Sales Regulations
Chapter 82 — Real Estate Brokers And Salespersons
Section 82.58 — Licensing: Application.
Section 82.59 — Licensing; Examinations And Instruction.
Section 82.60 — Education; Course Curriculum.
Section 82.61 — Licensing: Continuing Education And Instruction.
Section 82.62 — Licensing: Renewal.
Section 82.63 — Licensing; Other Requirements.
Section 82.641 — Real Estate Closing Agent Licensing.
Section 82.65 — Notice To Commissioner.
Section 82.67 — Agency Disclosure Requirements.
Section 82.68 — Other Disclosure Requirements.
Section 82.69 — Advertising Requirements.
Section 82.73 — Standards Of Conduct.
Section 82.735 — Broker Price Opinion; Requirements; Duties Of Licensee; Regulations.
Section 82.74 — Guaranteed Sale Programs.
Section 82.75 — Trust Account Requirements.
Section 82.77 — Table Funding.
Section 82.78 — Rental Services.
Section 82.80 — Unclaimed Property Act Compliance.
Section 82.82 — Denial, Suspension And Revocation Of Licenses.
Section 82.84 — Publication Of Information.
Section 82.85 — Civil Actions.
Section 82.86 — Real Estate Education, Research And Recovery Fund.
Section 82.87 — Computation Of Time.