MTRES Montana Real Estate Salesperson - Set 1 - Part 1
Test your knowledge of technical writing concepts with these practice questions. Each question includes detailed explanations to help you understand the correct answers.
Question 1: A Montana licensee asks whether the Board of Realty Regulation can adopt a rule imposing advertising requirements stricter than those the legislature already wrote into the unprofessional-conduct statute. The advertising paragraph itself answers this. What limit does it place on the board?
Question 2: A Kalispell salesperson receives a fifty-dollar citation, does not dispute it within five business days, and later must complete a license application asking whether she has ever been subject to disciplinary action. How should an unopposed Montana citation be characterized?
Question 3: When the Board of Realty Regulation finds a licensee committed unprofessional conduct, the actual disciplinary process is governed not by a real-estate-specific statute but by Montana's general professional-licensing discipline law. Which body of law supplies that disciplinary procedure for real estate licensees?
Question 4: While auditing routine renewal filings, Montana's department notices a Great Falls broker's advertising appears to omit the firm's name, though no client has ever filed a complaint. May the department open an investigation on these facts, and on what basis?
Question 5: A licensed Montana broker in Kalispell wishes to oversee and direct the salespersons in the office. Beyond an active broker's license, which additional credential does Montana law require before that broker may lawfully supervise licensed salespersons in the firm?
Question 6: A Butte licensee completes several extra continuing education hours beyond the annual minimum and hopes to apply the surplus toward next year's requirement. Under the Board's continuing education rule, how are those excess hours treated when the new licensing year begins?
Question 7: A digital media platform in Montana merely hosts advertisements that owners post to sell their own property, taking no part in negotiating or showing. A newcomer assumes the platform needs a broker license. Which statement about Montana's media-related exemptions is correct?
Question 8: A Montana salesperson in Great Falls now wants to upgrade to a broker license. Apart from added education, the statute imposes an experience requirement measured in time actively working in the field. How long must the applicant have been actively engaged as a licensed salesperson?
Question 9: A Bozeman salesperson secretly arranges to buy a listing herself through a relative's name and never tells the seller she is the true purchaser. Which ground BEST captures the salesperson's failure to reveal that she personally stands behind the offer?
Question 10: Two Miles City agents pass identical false square-footage figures to buyers. The first agent genuinely believed the figure; the second had seen a survey proving it wrong yet repeated it anyway. Under Montana's exculpatory statute, which best describes their respective liability exposure?
Question 11: Montana's mirrored duties contain one deliberate asymmetry: the seller agent's disclosure to the buyer concerns the property, while the buyer agent's disclosure to the seller concerns an entirely different subject. What adverse material facts must the buyer agent disclose to the seller?
Question 12: Two Montana brokers debate trust-account interest at a continuing-education class. One insists the state forwards it to a housing fund; the other insists the broker automatically keeps every dollar. Which statement BEST states Montana's actual rule on where trust-account interest goes?
Question 13: The post-termination duty to keep a principal's confidences carries a closed set of five exceptions under which disclosure is nonetheless allowed. Which of the following is one of those recognized exceptions that permits a former agent to disclose the information?
Question 14: After a listing relationship in Kalispell formally ends, most of the agent's duties expire, but exactly two specific obligations continue beyond termination of the agency. Which pair of duties survives the end of the agency relationship under Montana's agency law?
Question 15: A buyer in Butte later learns a natural death occurred years earlier in the home they purchased and claims the agent should have disclosed it. Reasoning from Montana's definition of adverse material fact, why was that death not a required disclosure?
Question 16: A Billings broker, badly short on office space, shreds all of his closed-transaction files just a few months after each deal closes in order to reduce clutter. Under Montana's licensing law, which unprofessional-conduct ground does destroying those transaction records violate?
Question 17: A salesperson in Kalispell resigns from her brokerage on Friday and hopes to keep showing homes over the weekend while she finds a new firm. Under Montana law on termination, what happens to her ability to practice once she leaves the broker?
Question 18: A single broker in Bozeman is asked to represent both the seller and the buyer in the same transaction. Montana permits this arrangement only under a specific precondition before the broker may act for both sides. Which of the following must the broker obtain?
Question 19: Once all parties have signed a purchase agreement on a Helena log home, the buyer's licensee holds the fully executed contract but never actually provides the buyer with a completed copy. Which specific documents duty has the licensee failed to perform here?
Question 20: A salesperson in Great Falls asks where her actual license document is kept, since she never received the original after passing her exam and affiliating with a firm. Under Montana law, who holds custody of a salesperson's license document?
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