Montana real estate exam
A MT broker must keep trust account records for? - answer8 years
If a zoning ordinance conflicts with a restrictive covenant: - answer The more limiting of
the two controls
Pierce has a buyer broker agreement. Pierce may legally receive a commission from? -
answer 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? - answer 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: - answer
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 the seller's agent, it is legal for you to tell Kirkland: - answer Several other
offers have been maid
Sales person may: - answerTake listings with the brokers consent and approval
At closing, the sales price would be a credit to the: - answerSeller
The buyer of habitable property must be given a Montana radon gas disclosure
statement: - answerAt 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? - answerBoth 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: - answerDeliver the money
to the sales person sponsoring broker
The closing of the sale of a commercial property in Montana, the entry for the earnest
money deposit would be: - answerCredit to the buyer
On the same day, a broker receives three faxed offers on a listing property from three
potential buyers. In which manner should the broker present the offers to the seller? -
answerPresent all three offers at the same time
A MT broker must keep trust account records for? - answer8 years
If a zoning ordinance conflicts with a restrictive covenant: - answer The more limiting of
the two controls
Pierce has a buyer broker agreement. Pierce may legally receive a commission from? -
answer 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? - answer 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: - answer
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 the seller's agent, it is legal for you to tell Kirkland: - answer Several other
offers have been maid
Sales person may: - answerTake listings with the brokers consent and approval
At closing, the sales price would be a credit to the: - answerSeller
The buyer of habitable property must be given a Montana radon gas disclosure
statement: - answerAt 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? - answerBoth 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: - answerDeliver the money
to the sales person sponsoring broker
The closing of the sale of a commercial property in Montana, the entry for the earnest
money deposit would be: - answerCredit to the buyer
On the same day, a broker receives three faxed offers on a listing property from three
potential buyers. In which manner should the broker present the offers to the seller? -
answerPresent all three offers at the same time
