1|Page
Montana Property Management Exam Prep 2026
Actual Comprehensive Exam Questions & Correct
Answers ||Verified Exam!! (Verified Answers) | Already
Graded A+ | Newest Exam!!!
TRUE OR FALSE:
A property manager has 14 days to remedy emergency
problems, after notification in writing from the tenant. -
Answer-False: 3 days for emergency
TRUE OR FALSE:
Drug activities are not the business of the property
manager and they can do nothing about this except call
the police. - Answer-False: You can terminate with proper
notice
TRUE OR FALSE:
If a tenant with no pet agreement is found to have a dog,
the PM can give written notice and evict the tenant with a
3-day notice. - Answer-False: you give them a 3-day
notice to correct or vacate.
TRUE OR FALSE:
,2|Page
If a tenant is caught vandalizing the community gym
equipment, the fastest way to address the tenant is to give
them a 30-day notice to vacate. - Answer-False: 3 days
written notice to vacate
TRUE OR FALSE:
If a tenant is on a month-to-month lease and constantly
calls for legitimate maintenance repairs and writes letters
of requests for repairs, the property manager can bring an
action for possession against the tenant. - Answer-False:
this is retaliation
TRUE OR FALSE:
there is no maximum amount for security deposits, but
there is a limit for pet deposits. - Answer-False: no limit for
pet deposits
TRUE OR FALSE:
A PM may deduct for normal carpet wear and tear from
the tenant's security deposit. - Answer-False: You cannot
charge for normal wear and tear
TRUE OR FALSE:
, 3|Page
If a tenant moves out and no cleaning or other costs are
due, the property manager must return the security
deposit immediately. - Answer-False: PM has 10 days to
return the security deposit if there is no damage. If there is
damage, PM has 30 days to return the remaining deposit
with a statement showing the exact charges deducted.
TRUE OR FALSE:
The security deposit must be refunded to the tenant by
certified mail to the property that the tenant just moved
from. - Answer-False: Or last known address
TRUE OR FALSE:
If you as a property manager have a claim filed against
you with the state, you license is automatically canceled. -
Answer-False: Nothing is Automatic and it is taken to the
board
TRUE OR FALSE:
If licensing law is not strictly adhered to by a property
manager, the board of realty regulation may levy a
monetary fine against the licensee. - Answer-True:
payment of fine not to exceed $1000 for each violation and
fines are deposited in the state general fund.
Montana Property Management Exam Prep 2026
Actual Comprehensive Exam Questions & Correct
Answers ||Verified Exam!! (Verified Answers) | Already
Graded A+ | Newest Exam!!!
TRUE OR FALSE:
A property manager has 14 days to remedy emergency
problems, after notification in writing from the tenant. -
Answer-False: 3 days for emergency
TRUE OR FALSE:
Drug activities are not the business of the property
manager and they can do nothing about this except call
the police. - Answer-False: You can terminate with proper
notice
TRUE OR FALSE:
If a tenant with no pet agreement is found to have a dog,
the PM can give written notice and evict the tenant with a
3-day notice. - Answer-False: you give them a 3-day
notice to correct or vacate.
TRUE OR FALSE:
,2|Page
If a tenant is caught vandalizing the community gym
equipment, the fastest way to address the tenant is to give
them a 30-day notice to vacate. - Answer-False: 3 days
written notice to vacate
TRUE OR FALSE:
If a tenant is on a month-to-month lease and constantly
calls for legitimate maintenance repairs and writes letters
of requests for repairs, the property manager can bring an
action for possession against the tenant. - Answer-False:
this is retaliation
TRUE OR FALSE:
there is no maximum amount for security deposits, but
there is a limit for pet deposits. - Answer-False: no limit for
pet deposits
TRUE OR FALSE:
A PM may deduct for normal carpet wear and tear from
the tenant's security deposit. - Answer-False: You cannot
charge for normal wear and tear
TRUE OR FALSE:
, 3|Page
If a tenant moves out and no cleaning or other costs are
due, the property manager must return the security
deposit immediately. - Answer-False: PM has 10 days to
return the security deposit if there is no damage. If there is
damage, PM has 30 days to return the remaining deposit
with a statement showing the exact charges deducted.
TRUE OR FALSE:
The security deposit must be refunded to the tenant by
certified mail to the property that the tenant just moved
from. - Answer-False: Or last known address
TRUE OR FALSE:
If you as a property manager have a claim filed against
you with the state, you license is automatically canceled. -
Answer-False: Nothing is Automatic and it is taken to the
board
TRUE OR FALSE:
If licensing law is not strictly adhered to by a property
manager, the board of realty regulation may levy a
monetary fine against the licensee. - Answer-True:
payment of fine not to exceed $1000 for each violation and
fines are deposited in the state general fund.
