Montana real estate exam Questions and
Correct Answers | Latest Update
A MT broker must keep trust account records for?
✓ -:- 8 years
If a zoning ordinance conflicts with a restrictive covenant:
✓ -:- The more limiting of the two controls
Pierce has a buyer broker agreement. Pierce may legally receive a commission from?
✓ -:- 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?
✓ -:- 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:
✓ -:- Statutory broker
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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
the seller's agent, it is legal for you to tell Kirkland:
✓ -:- Several other offers have been maid
Sales person may:
✓ -:- Take listings with the brokers consent and approval
At closing, the sales price would be a credit to the:
✓ -:- Seller
The buyer of habitable property must be given a Montana radon gas disclosure statement:
✓ -:- 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?
✓ -:- Both the listings and the closings remain with the old broker when
the sales person believes with the new broker
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