Montana Real Estate FREE Sample Exam — Fixed Set

Which concept matches this situation? A city zoning ordinance limiting building heights

A licensee gives a buyer written permission to walk the listed acreage. How does it differ from an easement?

In Dillon, Kyle selects comparable sales that are the most recent, proximate, and similar to the subject early in the transaction. Why?

Tom in Helena explains the inspection contingency. Must notice be given?

The photos market the acreage well. What governs drone use?

A broker’s personal data is breached. What if breached?

While working in Livingston, Omar sees the option holder exercise before the deadline. Another licensee witnesses the conversation. Why?

A lender quotes 6.5 percent with two points versus 6.875 percent with no points. What tradeoff is shown?

A $400,000 purchase is financed with a $225,000 loan. The down payment is

In Kalispell, Omar continues acting for a seller who properly terminated the agreement. May the agent keep acting after proper termination?

In Havre, Marcus takes a listing from a tenant purporting to act for an absent owner, without checking. Whose authority counts for listing purposes?

A power of attorney is arranged. What should the broker do?