Montana License Law
In Montana, a person who acts as a real estate broker without a license is subject to:
AOnly a civil fine
BCriminal penalties and civil liability under MCA Title 37 Chapter 51✓ Correct
CNo penalties since Montana lacks enforcement resources
DOnly loss of commission for that transaction
Explanation
Practicing real estate without a license in Montana violates MCA Title 37 Chapter 51 and is subject to criminal penalties (misdemeanor charges) as well as civil liability. An unlicensed person cannot recover a commission for real estate activities that required a license.
Related Montana Montana License Law Questions
- In Montana, a real estate company that operates as a property management firm for residential rentals must ensure that:
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- A Montana real estate broker who also acts as a mortgage broker must:
- Under Montana law, a broker's trust account must be maintained:
- Under Montana law, which of the following is NOT a permissible activity for an unlicensed personal assistant working under a Montana broker?
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- Under Montana's license law, an inactive license:
- Which of the following activities would constitute 'unlicensed practice' of real estate in Montana?
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