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Real Estate Salesperson Exam — National Portion

Salespersons (MT): practice questions

Our Real Estate (National) bank has 5 questions on this topic. Here are 5 of them with answers; the full mock exam draws from every topic, like the real one.

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Question 1 · Montana

Before a for-sale-by-owner personal transaction, what must a Montana salesperson disclose in writing?

  1. Nothing beyond the price
  2. That their broker isn't involved
  3. Their usual commission rate
  4. Their home address and phone
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B. That their broker isn't involved — MCA 37-51-309(6)(c).

Question 2 · Montana

How many supervising brokers may a Montana salesperson be associated with (outside temporary arrangements)?

  1. One
  2. Two
  3. Three
  4. No limit
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A. One — MCA 37-51-309(1).

Question 3 · Montana

Must a Montana broker supervise a salesperson's for-sale-by-owner sale of their own home?

  1. Yes, like any other deal
  2. No
  3. Only if over $500,000
  4. Only for first-year licensees
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B. No — MCA 37-51-309(6).

Question 4 · Montana

What happens if a Montana salesperson leaves a broker with no new broker accepting them?

  1. Nothing changes for them
  2. It goes inactive
  3. The license is revoked after a hearing
  4. They automatically become a broker
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B. It goes inactive — MCA 37-51-309(3).

Question 5 · Montana

When does a Montana broker's termination of supervision take effect?

  1. Immediately when the broker decides
  2. After notifying both
  3. After a 30-day notice period
  4. At the salesperson's next renewal
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B. After notifying both — MCA 37-51-309(4).

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