200+ Free MT Real Estate Practice Questions

The Montana salesperson exam has 113 scored questions: 80 on the national portion and 33 on the Montana state-specific portion. There are also 10 non-scored pretest questions embedded throughout, bringing the total questions encountered to approximately 123. The exam is 3.5 hours total and is administered by Pearson VUE. You must earn a scaled score of 70 or higher on BOTH the national and state portions independently to pass.

Montana requires 70 hours of BRR-approved pre-license education completed within the 24 months prior to your license application. After passing the exam, you must also have passed within the 12 months before applying. You must be affiliated with a responsible (supervising) broker to activate your license — salespersons cannot practice independently. Montana also requires at least 2 years of accredited high school study or equivalent.

Montana has several distinctive real estate features: (1) Prior appropriation water rights — water rights are separate from land, follow 'first in time, first in right,' and are administered by DNRC; (2) PLSS land descriptions using townships, ranges, and sections (640 acres/section); (3) Severable mineral rights common in ranch/agricultural properties; (4) Non-judicial foreclosure via trustee's sale is available when deed of trust has power-of-sale clause; (5) Homestead exemption of $350,000 (MCA 70-32-104); (6) Annual license renewal with 12 hours of CE.

The Montana Real Estate Recovery Account (MCA 37-51-501) provides a fund of last resort for victims who suffer financial loss due to a licensee's fraudulent acts, misrepresentation, deceit, or conversion of trust funds. Claimants must first obtain a court judgment against the licensee and exhaust other collection remedies before making a claim. When the Account pays a claim, the licensee's license is automatically suspended until full repayment with interest is made.