Montana Real Estate Exam; Questions and Answers
Already Passed
A MT broker must keep trust account records for? Correct Ans-8 years
If a zoning ordinance conflicts with a restrictive covenant: Correct Ans-The more limiting of
the two controls
Pierce has a buyer broker agreement. Pierce may legally receive a commission from?
Correct Ans-Any party with the knowledge and consent of the buyer
I really state licensee should disclose known defects to the buyer in which of the following
situations? Correct Ans-In all situations
Sarah is a licensed real estate broker who does not have a listing, is not a subagent of the
seller And has no buyer broker agreement. Siri is an example of a: Correct Ans-Statutory
broker
Several prospective buyers have made offers on one of your listing properties. Another
possible purchaser, Kirkland, Inc., is also interested in making an offer on the apartment. As
, Montana Real Estate Exam; Questions and Answers
Already Passed
the seller's agent, it is legal for you to tell Kirkland: Correct Ans-Several other offers have
been maid
Sales person may: Correct Ans-Take listings with the brokers consent and approval
At closing, the sales price would be a credit to the: Correct Ans-Seller
The buyer of habitable property must be given a Montana radon gas disclosure statement:
Correct Ans-At the time the offer is made
Sales person has numerous listings, including several that are scheduled for closing. The sales
person decides to affiliate with a different broker. Which of the following is correct?
Correct Ans-Both the listings and the closings remain with the old broker when the sales
person believes with the new broker
The sales person receiving earnest money should probably: Correct Ans-Deliver the money
to the sales person sponsoring broker
Already Passed
A MT broker must keep trust account records for? Correct Ans-8 years
If a zoning ordinance conflicts with a restrictive covenant: Correct Ans-The more limiting of
the two controls
Pierce has a buyer broker agreement. Pierce may legally receive a commission from?
Correct Ans-Any party with the knowledge and consent of the buyer
I really state licensee should disclose known defects to the buyer in which of the following
situations? Correct Ans-In all situations
Sarah is a licensed real estate broker who does not have a listing, is not a subagent of the
seller And has no buyer broker agreement. Siri is an example of a: Correct Ans-Statutory
broker
Several prospective buyers have made offers on one of your listing properties. Another
possible purchaser, Kirkland, Inc., is also interested in making an offer on the apartment. As
, Montana Real Estate Exam; Questions and Answers
Already Passed
the seller's agent, it is legal for you to tell Kirkland: Correct Ans-Several other offers have
been maid
Sales person may: Correct Ans-Take listings with the brokers consent and approval
At closing, the sales price would be a credit to the: Correct Ans-Seller
The buyer of habitable property must be given a Montana radon gas disclosure statement:
Correct Ans-At the time the offer is made
Sales person has numerous listings, including several that are scheduled for closing. The sales
person decides to affiliate with a different broker. Which of the following is correct?
Correct Ans-Both the listings and the closings remain with the old broker when the sales
person believes with the new broker
The sales person receiving earnest money should probably: Correct Ans-Deliver the money
to the sales person sponsoring broker
