Montana real estate exam - Study guides, Class notes & Summaries

A MT broker must keep trust account records for? -:- 8 years If a zoning ordinance conflicts with a restrictive covenant: -:- The more limiting of the two controls Pierce has a buyer broker agreement. Pierce may legally receive a commission from? -:- 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? -:- In all situations Sarah is a licensed real estate broker who does not ha...

Montana real estate exam questions and answers 100% correct A MT broker must keep trust account records for? - Answer- 8 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? - An...

MONTANA REAL ESTATE EXAM NEW EXAM UPDATE

MONTANA REAL ESTATE EXAM REVIEW QUESTIONS AND ANSWERS, VERIFIED. A MT broker must keep trust account records for? - -8 years If a zoning ordinance conflicts with a restrictive covenant: - -The more limiting of the two controls Pierce has a buyer broker agreement. Pierce may legally receive a commission from? - - 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? - -In all situat...

Contract of Sale-Montana Real Estate Exam; Questions with Complete Solutions

MONTANA REAL ESTATE EXAM – DEEDS QUESTIONS AND ANSWERS, GRADED A+/ The General Warranty Deed is also known as: - -Warranty Deed Which deed provides the best protection for a buyer? - -General Warranty Which deed gives no guarantees but transfers whatever ownership interest the grantor has? - -Special Warranty Deed The deed most commonly used in America for both residential and commercial transactions is the: - -Warranty Deed What document is generally used to transfer ownership of p...

MONTANA REAL ESTATE EXAM - CONTRACT OF SALE QUESTIONS AND ANSWERS, GRADED A+. The buyer's interest under a contract of sale is? - -Equitable title (has the right to get ownership) What concept gives a vendee the right to sue the vendor for specific performance on a signed contract? - -Right of equity The buyer under a contract of sale has: - -Equitable title The seller in a purchase contract situation is the: - -Vendor The vendee has: - -Equitable title A seller who defaults on a con...

Montana real estate exam questions and answers 100% correct A MT broker must keep trust account records for? - Answer- 8 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? - An...

The buyer's interest under a contract of sale is? -:- Equitable title (has the right to get ownership) What concept gives a vendee the right to sue the vendor for specific performance on a signed contract? -:- Right of equity The buyer under a contract of sale has: -:- Equitable title The seller in a purchase contract situation is the: -:- Vendor The vendee has: -:- Equitable title 2 | P a g e | G r a d e A + | 2 0 24 / 2 0 2 5 2 0 2 4 /2025 | © copyright | This work may ...