Montana License Law
Under Montana law, which of the following actions would require a real estate license?
AAn owner selling their own home
BA property manager collecting rent on behalf of others for compensation✓ Correct
CAn attorney handling real property as part of an estate
DA trustee selling property under a court order
Explanation
In Montana, performing real estate activities — such as property management for compensation — on behalf of others requires a license. Owners selling their own property, attorneys, and court-appointed trustees are generally exempt.
Related Montana Montana License Law Questions
- A Montana licensee who engages in 'net listings' where the broker keeps everything above a specified net to the seller is:
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- Which of the following best describes the role of the Montana Department of Labor and Industry in relation to real estate licensing?
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- A Montana real estate broker wishing to operate their own brokerage must hold a:
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