Final answer:
A broker must notify the Minnesota Department of Commerce promptly when a salesperson transfers or terminates their license, updating the state records accordingly.
Step-by-step explanation:
When a Minnesota salesperson transfers or terminates a license with the primary broker, the broker is required to notify the Minnesota Department of Commerce as soon as possible.
This notification is vital as it updates the state's official records and ensures that all transactions conducted by the salesperson are appropriately monitored and recorded under the correct brokerage.
The notification must include the termination of the salesperson's affiliation with the broker, which is typically completed through a state-prescribed form or an online system designed for this purpose.