Montana License Law
Under Montana law, a real estate licensee who is also a principal in a transaction (buying or selling their own property) must:
ASurrender their license for the duration of the transaction
BDisclose their licensed status to all parties in the transaction✓ Correct
CUse a different broker for all transactions in which they are principals
DObtain special Board approval before proceeding
Explanation
Montana licensees who buy or sell property for their own account must disclose their licensed status to all parties. This ensures transparency and prevents the misuse of professional knowledge without the other party's awareness.
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