Montana License Law
In Montana, a real estate licensee who moves to a different state but wants to keep their Montana license active must:
ASurrender the Montana license automatically upon moving out of state
BNotify the Board of the address change, potentially affiliate with a Montana broker if they want to practice, and maintain CE requirements✓ Correct
CAutomatically become exempt from Montana CE requirements as a non-resident
DApply for a non-resident license at the same cost as a new license
Explanation
Montana allows non-resident licensees to maintain an active Montana license if they are affiliated with a Montana broker, keep the Board notified of their address, and meet all CE requirements. The license can remain active for non-residents.
Related Montana Montana License Law Questions
- Which of the following is a requirement for a Montana real estate license applicant?
- A Montana real estate license is required for which of the following activities when performed for compensation?
- In Montana, a real estate licensee who is 'in good standing' means they have:
- Montana's 'Real Estate Recovery Fund' provides compensation to consumers who suffer financial losses due to the dishonest, fraudulent, or negligent conduct of a licensed real estate agent when:
- A Montana real estate licensee who is also a party to a real estate transaction must:
- If a Montana real estate licensee changes their employing broker, they must notify the Montana Board of Realty Regulation within:
- A Montana real estate broker who also acts as a mortgage broker must:
- A Montana real estate broker who wishes to operate a branch office must:
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