MONTANA REAL ESTATE SALESPERSON EXAM PRACTICE
QUESTIONS AND CORRECT ANSWER WITH
EXPLANATION LATEST 2025-2026
1. The Montana Board of Realty Regulation oversees:
A. Property taxes
B. Real estate licensing and enforcement
C. Mortgage insurance
D. Home inspections
Answer: B
Rationale: The Montana Board of Realty Regulation regulates real estate professionals.
2. A Montana real estate salesperson must work under a:
A. Contractor
B. Licensed broker
C. Attorney
D. Appraiser
Answer: B
Rationale: Salespersons must be supervised by a licensed broker.
3. Real property includes:
A. Furniture
B. Land and attached improvements
C. Vehicles
D. Jewelry
Answer: B
Rationale: Real property consists of land and fixtures.
4. Personal property is also called:
,A. Fixtures
B. Chattels
C. Easements
D. Estates
Answer: B
Rationale: Chattel refers to movable property.
5. A fixture is:
A. Temporary property
B. Permanently attached property
C. Insurance policy
D. Lease agreement
Answer: B
Rationale: Fixtures become part of the real estate.
6. The Statute of Frauds requires real estate contracts to be:
A. Verbal
B. Written
C. Implied
D. Optional
Answer: B
Rationale: Real estate agreements must be written to be enforceable.
7. Fiduciary duties include:
A. Loyalty
B. Tax filing
C. Lending
D. Appraisal
Answer: A
Rationale: Agents owe loyalty to clients.
8. Which is NOT a fiduciary duty?
, A. Accounting
B. Confidentiality
C. Advertising
D. Obedience
Answer: C
Rationale: Advertising is not a fiduciary duty.
9. Fair Housing laws prohibit discrimination based on:
A. Occupation
B. Protected classes
C. Credit score
D. Education
Answer: B
Rationale: Federal law protects against discrimination.
10. Steering is:
A. Advising about loans
B. Directing buyers based on protected status
C. Inspecting homes
D. Appraising property
Answer: B
Rationale: Steering is illegal discrimination.
11. Blockbusting involves:
A. Remodeling
B. Encouraging panic selling due to demographic changes
C. Loan servicing
D. Leasing property
Answer: B
Rationale: Blockbusting violates fair housing laws.
12. A deed transfers:
QUESTIONS AND CORRECT ANSWER WITH
EXPLANATION LATEST 2025-2026
1. The Montana Board of Realty Regulation oversees:
A. Property taxes
B. Real estate licensing and enforcement
C. Mortgage insurance
D. Home inspections
Answer: B
Rationale: The Montana Board of Realty Regulation regulates real estate professionals.
2. A Montana real estate salesperson must work under a:
A. Contractor
B. Licensed broker
C. Attorney
D. Appraiser
Answer: B
Rationale: Salespersons must be supervised by a licensed broker.
3. Real property includes:
A. Furniture
B. Land and attached improvements
C. Vehicles
D. Jewelry
Answer: B
Rationale: Real property consists of land and fixtures.
4. Personal property is also called:
,A. Fixtures
B. Chattels
C. Easements
D. Estates
Answer: B
Rationale: Chattel refers to movable property.
5. A fixture is:
A. Temporary property
B. Permanently attached property
C. Insurance policy
D. Lease agreement
Answer: B
Rationale: Fixtures become part of the real estate.
6. The Statute of Frauds requires real estate contracts to be:
A. Verbal
B. Written
C. Implied
D. Optional
Answer: B
Rationale: Real estate agreements must be written to be enforceable.
7. Fiduciary duties include:
A. Loyalty
B. Tax filing
C. Lending
D. Appraisal
Answer: A
Rationale: Agents owe loyalty to clients.
8. Which is NOT a fiduciary duty?
, A. Accounting
B. Confidentiality
C. Advertising
D. Obedience
Answer: C
Rationale: Advertising is not a fiduciary duty.
9. Fair Housing laws prohibit discrimination based on:
A. Occupation
B. Protected classes
C. Credit score
D. Education
Answer: B
Rationale: Federal law protects against discrimination.
10. Steering is:
A. Advising about loans
B. Directing buyers based on protected status
C. Inspecting homes
D. Appraising property
Answer: B
Rationale: Steering is illegal discrimination.
11. Blockbusting involves:
A. Remodeling
B. Encouraging panic selling due to demographic changes
C. Loan servicing
D. Leasing property
Answer: B
Rationale: Blockbusting violates fair housing laws.
12. A deed transfers:
