Montana Practice TestEscrow & Title

Montana Escrow & Title
Practice Questions & Answers (2026)

Escrow, title, and closing questions on the Montana exam test how real estate transactions are closed, how title is transferred, and what happens at settlement. Montana uses title companies or settlement agents to handle closings, and candidates must understand the closing process, settlement statement, and title insurance requirements under Montana law. Title insurance, title searches, and the difference between standard and extended coverage policies are tested, as are the specific closing costs that are customarily paid by buyers vs. sellers under Montana practice.

Practice Questions

Montana Escrow & Title — Practice Questions & Answers

119 questions on Escrow & Title from the Montana real estate question bank. First 10 are free — sign up to unlock all 119.

Q1. A general warranty deed provides the greatest protection to the buyer because it:

A.Guarantees the property is free of physical defects
B.Contains the grantor's covenant to defend title against all claims, past and present
C.Transfers title without any warranties
D.Only covers defects that occurred during the grantor's ownership

Explanation

A general warranty deed contains the broadest covenants of title, with the grantor warranting and defending the title against all lawful claims from any source, including those that arose before the grantor owned the property.

Q2. Title insurance protects the policyholder against:

A.Future physical damage to the property
B.Undiscovered title defects and claims that existed prior to the policy date
C.The buyer defaulting on the mortgage
D.Changes in property value after purchase

Explanation

Title insurance protects against losses from title defects, liens, encumbrances, or other claims against the property that existed before the policy was issued but were not discovered at closing.

Q3. In a Montana real estate closing, the escrow agent's primary responsibility is to:

A.Represent the buyer's interests throughout the transaction
B.Impartially hold and disburse funds and documents according to closing instructions
C.Negotiate the final purchase price between buyer and seller
D.Conduct the home inspection and report findings

Explanation

An escrow agent is a neutral third party who holds funds and documents and disburses them according to the written escrow instructions agreed upon by buyer and seller.

Q4. A 'cloud on title' refers to:

A.A property's location in a designated flood zone
B.Any outstanding claim, lien, or encumbrance that may impair the owner's title
C.An easement granted to a neighboring property owner
D.A deed restriction limiting property use

Explanation

A cloud on title is any claim, lien, or encumbrance that may affect the validity or marketability of a property's title, such as an unresolved judgment lien or improperly executed deed.

Q5. A special warranty deed differs from a general warranty deed because a special warranty deed:

A.Provides broader title protection
B.Only warrants title against claims arising during the grantor's ownership period
C.Is used only for commercial property
D.Does not require a grantor's signature

Explanation

A special warranty deed contains a limited warranty; the grantor only warrants title against claims or defects that arose during their period of ownership, not against prior title defects.

Q6. Constructive notice is provided by:

A.Personal notification delivered to all interested parties
B.Recording documents in the public records so anyone can discover them
C.Verbal disclosure at the time of sale
D.Written notice delivered by the seller to the buyer

Explanation

Constructive notice is the legal presumption that everyone is aware of information in the public record. Recording a deed, mortgage, or lien in county records provides constructive notice to the world.

Q7. Actual notice means:

A.Notice provided by the public records
B.Direct, personal knowledge of a fact
C.Notice posted on the property
D.Notice implied by visible possession of the property

Explanation

Actual notice is direct, personal knowledge of a fact — you actually know about it. This is distinct from constructive notice (record notice) or inquiry notice (information that would lead a reasonable person to investigate).

Q8. Which of the following liens has the highest priority in Montana?

A.A recorded mortgage
B.Property tax lien
C.A mechanics lien
D.A judgment lien

Explanation

Property tax liens generally have the highest priority over all other liens in Montana, including mortgages and judgment liens, regardless of when they were recorded.

Q9. A mechanic's lien in Montana is filed by:

A.The county assessor for unpaid taxes
B.Contractors or material suppliers who have not been paid for work or materials
C.The lender when a borrower defaults
D.The title company to protect against unknown claims

Explanation

A mechanic's lien (also called a construction lien) may be filed by contractors, subcontractors, or material suppliers who have performed work or supplied materials to a property and have not been paid.

Q10. The purpose of a title search is to:

A.Determine the physical condition of the property
B.Examine public records to verify ownership history and identify any liens or encumbrances
C.Calculate the property's market value
D.Confirm the accuracy of the property survey

Explanation

A title search examines public records — deeds, mortgages, liens, judgments, easements — to establish the chain of title and identify any issues that could affect ownership.

Q11. In Montana, real estate closing typically involves:

A.All parties meeting simultaneously at the attorney's office
B.A closing agent coordinating the exchange of documents and funds
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