Montana real estate exam questions with
correct answers
A MT broker must keep trust account records for? - CORRECT
ANSWERS ✔✔8 years
If a zoning ordinance conflicts with a restrictive covenant: -
CORRECT ANSWERS ✔✔The more limiting of the two controls
Pierce has a buyer broker agreement. Pierce may legally receive a
commission from? - CORRECT ANSWERS ✔✔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 ANSWERS ✔✔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 ANSWERS ✔✔Statutory
1/6
, 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 the seller's
agent, it is legal for you to tell Kirkland: - CORRECT ANSWERS
✔✔Several other offers have been maid
Sales person may: - CORRECT ANSWERS ✔✔Take listings with
the brokers consent and approval
At closing, the sales price would be a credit to the: - CORRECT
ANSWERS ✔✔Seller
The buyer of habitable property must be given a Montana radon gas
disclosure statement: - CORRECT ANSWERS ✔✔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
2/6
correct answers
A MT broker must keep trust account records for? - CORRECT
ANSWERS ✔✔8 years
If a zoning ordinance conflicts with a restrictive covenant: -
CORRECT ANSWERS ✔✔The more limiting of the two controls
Pierce has a buyer broker agreement. Pierce may legally receive a
commission from? - CORRECT ANSWERS ✔✔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 ANSWERS ✔✔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 ANSWERS ✔✔Statutory
1/6
, 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 the seller's
agent, it is legal for you to tell Kirkland: - CORRECT ANSWERS
✔✔Several other offers have been maid
Sales person may: - CORRECT ANSWERS ✔✔Take listings with
the brokers consent and approval
At closing, the sales price would be a credit to the: - CORRECT
ANSWERS ✔✔Seller
The buyer of habitable property must be given a Montana radon gas
disclosure statement: - CORRECT ANSWERS ✔✔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
2/6
