Can a real estate license be transferred to another person in Minnesota?

In Minnesota, real estate licenses are specifically designed to be personal to the individual who holds them. This means that a real estate license cannot be transferred to another person under any circumstances. The law emphasizes the importance of personal qualification and ethical standards that individuals must adhere to in order to hold a license, reinforcing the necessity for each licensee to independently meet the training and examination requirements set forth by Minnesota statutes.

The rationale behind this restriction is to maintain the integrity of the licensing process and to ensure that all practicing real estate agents are fully qualified and accountable for their actions in the real estate profession. As a result, when an individual seeks to engage in real estate activities, they must obtain their own license through the appropriate channels, which includes fulfilling education and testing requirements. This personal accountability is a cornerstone of professional practice in Minnesota's real estate industry.