License Minnesota

Resident Closing Agent

Minnesota Department of Commerce

Agency contact information:

Commerce, Minnesota Department of
85 7th Place East, Suite 500
St. Paul, MN 55101
(651) 539-1600 | (800) 857-3602
Licensing Unit
(651) 539-1599 | (800) 657-3978 (MN only)
Contact Info: licensing.commerce@state.mn.us

Website:

Minnesota Department of Commerce

Real Estate

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The Minnesota Department of Commerce is the chief regulator for the banking, energy, insurance, real estate, securities, telecommunications industries and also operates Minnesota's Unclaimed Property.

Forms:

Resident Closing Agent

Electronic application at Pearson PULSE Portal 

Trust Account Waiver Form

Forms are available at Real Estate Applications.

Requirements:

To apply for one of these license types go to Pearson PULSE Portal and submit an application electronically.
Begin by selecting "Minnesota" as the state and "Real Estate" as the board. Then select "submit a license application" and follow the necessary steps.

You may also use the PULSE Portal to check the status of your application, and after you see that it has been approved, you will be able to print a copy of your own license.

You can also use the PULSE Portal to make profile changes and submit license renewal information.

Remember that it is the responsibility of the licensee to maintain their license information through the PULSE Portal.

General Application Information for a Closing Agent License

Applicant must successfully complete the required eight-hour prelicensing education course.

If the closing agent meets the requirements to waive the trust account notice, a completed Trust Account Notice Waiver form may be attached to the closing agent application, in place of obtaining a trust account.
See Trust Account Waiver Form.

Fee:

Initial fee - $115

Renewal fee - $80

Period of Issuance:

The term of a license is two years, expiring on June 30.

Length of Determination Process:

10-30 days.

Other Pertinent Information: