Montana Real Estate Exam - State Portion -
questions with answers
Easement Appurtenant - CORRECT ANSWERS ✔✔Permanent
right by a property owner to use a neighbors land for personal
benefit
Easement in Gross - CORRECT ANSWERS ✔✔Right to use the
land ( not necessarily adjoining property) ex. utility companies
Easement by Prescription - CORRECT ANSWERS ✔✔Right to use
through years of exclusive and adverse use
Easement by Necessity - CORRECT ANSWERS ✔✔Usually
involves access to a road
Covenant - CORRECT ANSWERS ✔✔Series of promises that the
grantor offers the grantee
When a property borders a navigable lake or stream, where does
,the property line end? - CORRECT ANSWERS ✔✔The edge of the
low-water mark line
When there are adjoining owners of property, what must be
maintained by all owners? - CORRECT ANSWERS ✔✔Fences and
monuments
In Montana, a county has the power to: - CORRECT ANSWERS
✔✔Purchase and hold lands within its limits
Make contracts and purchase and hold personal property that may
be necessary to the exercise of its powers
Make orders for the disposition or use of its property that the
interests of its inhabitants require
Levy and collect taxes for public or governmental purposes
Changes to County Boundaries - CORRECT ANSWERS ✔✔The
Montana Boundary Statute states in Article XI, Section 2 that in
order for a county boundary to be changed or a county seat
transferred, there needs to be an approval by the majority of the
specific county.
,Record of District Boundaries - CORRECT ANSWERS ✔✔boards
of county commissioners are responsible for maintaining records of
all boundaries for each district within the county. Each record is
permanent and provides a description of the boundary.
The transcript of record is kept by the county superintendent,
whose job it is to oversee the document.
Who is responsible for possessing the record of all boundaries for
each district within the county? - CORRECT ANSWERS ✔✔The
county superintendent
Which two of the following responsibilities apply to a county clerk's
role? - CORRECT ANSWERS ✔✔Keeping a book containing maps
of towns and villages
Conveying information about a new township to the secretary of
the state via a certified statement
Metes and bounds - CORRECT ANSWERS ✔✔Uses monuments,
compass headings, and directions
Lot and block - CORRECT ANSWERS ✔✔Provides plat references
, Rectangular government survey - CORRECT ANSWERS
✔✔Divides land into six-mile-square townships, which can then be
further divided
What causes a foreclosure? - CORRECT ANSWERS ✔✔The
mortgage loan of a property goes into default.
What is redemption? - CORRECT ANSWERS ✔✔A way
homeowners can regain possession of their home.
What types of foreclosure occurs without court action in Montana?
- CORRECT ANSWERS ✔✔nonjudicial
Common Problems with Foreclosures - CORRECT ANSWERS
✔✔Property condition
Title issues
Paperwork and procedures
Closing delays
Homeowners redeeming their property
questions with answers
Easement Appurtenant - CORRECT ANSWERS ✔✔Permanent
right by a property owner to use a neighbors land for personal
benefit
Easement in Gross - CORRECT ANSWERS ✔✔Right to use the
land ( not necessarily adjoining property) ex. utility companies
Easement by Prescription - CORRECT ANSWERS ✔✔Right to use
through years of exclusive and adverse use
Easement by Necessity - CORRECT ANSWERS ✔✔Usually
involves access to a road
Covenant - CORRECT ANSWERS ✔✔Series of promises that the
grantor offers the grantee
When a property borders a navigable lake or stream, where does
,the property line end? - CORRECT ANSWERS ✔✔The edge of the
low-water mark line
When there are adjoining owners of property, what must be
maintained by all owners? - CORRECT ANSWERS ✔✔Fences and
monuments
In Montana, a county has the power to: - CORRECT ANSWERS
✔✔Purchase and hold lands within its limits
Make contracts and purchase and hold personal property that may
be necessary to the exercise of its powers
Make orders for the disposition or use of its property that the
interests of its inhabitants require
Levy and collect taxes for public or governmental purposes
Changes to County Boundaries - CORRECT ANSWERS ✔✔The
Montana Boundary Statute states in Article XI, Section 2 that in
order for a county boundary to be changed or a county seat
transferred, there needs to be an approval by the majority of the
specific county.
,Record of District Boundaries - CORRECT ANSWERS ✔✔boards
of county commissioners are responsible for maintaining records of
all boundaries for each district within the county. Each record is
permanent and provides a description of the boundary.
The transcript of record is kept by the county superintendent,
whose job it is to oversee the document.
Who is responsible for possessing the record of all boundaries for
each district within the county? - CORRECT ANSWERS ✔✔The
county superintendent
Which two of the following responsibilities apply to a county clerk's
role? - CORRECT ANSWERS ✔✔Keeping a book containing maps
of towns and villages
Conveying information about a new township to the secretary of
the state via a certified statement
Metes and bounds - CORRECT ANSWERS ✔✔Uses monuments,
compass headings, and directions
Lot and block - CORRECT ANSWERS ✔✔Provides plat references
, Rectangular government survey - CORRECT ANSWERS
✔✔Divides land into six-mile-square townships, which can then be
further divided
What causes a foreclosure? - CORRECT ANSWERS ✔✔The
mortgage loan of a property goes into default.
What is redemption? - CORRECT ANSWERS ✔✔A way
homeowners can regain possession of their home.
What types of foreclosure occurs without court action in Montana?
- CORRECT ANSWERS ✔✔nonjudicial
Common Problems with Foreclosures - CORRECT ANSWERS
✔✔Property condition
Title issues
Paperwork and procedures
Closing delays
Homeowners redeeming their property
