What is required for a real estate licensee to advertise a property in Minnesota?

In Minnesota, a real estate licensee must obtain permission from the property owner before advertising a property. This requirement ensures that the licensee has the authority to represent the property in any marketing efforts. Additionally, the advertising must comply with relevant advertising laws, which encompass guidelines about truthfulness, non-discrimination, and fair housing. This dual requirement of owner consent and adherence to advertising regulations is crucial for maintaining ethical standards and protecting both the owner’s and consumers’ rights in real estate transactions.

The other options do not align with the legal requirements for advertising a property. While having a signed contract from interested buyers might be beneficial in certain situations, it is not a prerequisite for advertising a property. Government approval for all advertising materials is not a standard requirement in Minnesota real estate law, making it unnecessary and impractical. Finally, payment of a fee to the state does not relate to advertising a property but may pertain to licensing or other regulatory processes within the real estate profession.