100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Montana Law - state portion Exam Questions With Correct Verified Answers A+ Graded $12.49   Add to cart

Exam (elaborations)

Montana Law - state portion Exam Questions With Correct Verified Answers A+ Graded

 4 views  0 purchase
  • Course
  • MONTANA LAWS AND RULES
  • Institution
  • MONTANA LAWS AND RULES

How many members are on the Board of Realty Regulation, who appoints them, and where are they located? - ANS 7 persons, the Governor, Helena What power does the board have? - ANS Subpoena documents and witnesses Issue an injunction against any licensee Reprimand a licensee Place a lice...

[Show more]

Preview 2 out of 5  pages

  • September 5, 2024
  • 5
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • MONTANA LAWS AND RULES
  • MONTANA LAWS AND RULES
avatar-seller
Studyclock
K
C
LO
YC
D
U
ST




Montana Law - state portion
Exam Questions With Correct
Verified Answers A+ Graded

, How many members are on the Board of Realty Regulation, who
appoints them, and where are they located? - ANS 7 persons, the
Governor, Helena

What power does the board have? - ANS Subpoena documents and
witnesses
Issue an injunction against any licensee
Reprimand a licensee




K
Place a license on probation
Suspend a license for one year




C
Permanently revoke a license




LO
The board's rules are laws, what is the charge for violating them? -
ANS A misdemeanor offense, but not a felony.

Who is NOT required to have a real estate license? - ANS >Owners
YC
or Lessors selling or leasing their OWN property.
>Auctioneers employed by an owner.
>Anyone acting under court order - e.g. A sheriff conducting a sheriffs
sale.
D

>People buying or selling road right-of-way or buying or selling oil and
gas leases.
U



Who is required to have a broker or salesperson license? - ANS A
ST




broker or salesperson negotiating the sale or leasing of real estate
with or without the expectation of getting paid.

What is the magic number for most of the TQ's in the state portion of
the exam? - ANS 10.

A salesperson whose supervising broker dies, is disabled (no longer
licensed) and they MUST notify the board within 10 days.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Studyclock. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $12.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

78998 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$12.49
  • (0)
  Add to cart