Montana License Law

A Montana real estate licensee's license is considered 'lapsed' when:

AThe licensee fails to complete CE requirements before the renewal deadline✓ Correct
BThe licensee changes brokers
CThe licensee moves to another county
DThe licensee takes a leave of absence from practice

Explanation

A Montana license lapses (expires) when the licensee fails to renew it on time, which includes completing the required continuing education before the renewal deadline.

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