A license only gives one a personal privilege to do something on the land of another. A license is not an interest in land, but is a privilege to do something on the land of another person. Upon the sale of the property, subject to the license, the license terminates unless a new license is executed. This form is an example of such an agreement.
Montana General Form of License Agreement Regarding Right to use Real Property
State:
Multi-State
Control #:
US-00998BG
Format:
Word;
Rich Text
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How to fill out General Form Of License Agreement Regarding Right To Use Real Property?
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FAQ
What score do I need to pass the Montana real estate exam? In order to pass the Montana real estate exam, you'll need a score of at least 70%. Passing the exam is much less stressful for anyone who has completed an Exam Prep course.
The passing rate for the Montana Real Estate Salesperson Exam is 70%. This test is purposefully difficult, but not impossible. Be sure to pay attention during your pre-license course and take studying seriously. If you put the proper effort forth, we know that you can pass on your first attempt!
The Montana Board of Realty Regulation does not offer formal licensing reciprocity. However, if you're a real estate agent licensed in another state and wish to sell real estate in Montana, you won't need to take additional Pre-Licensing courses.
Board members are appointed by the Governor. Members serve 4-year terms and may not serve more than two terms or any portion of two terms. Individual Board Members can be contacted by email at dlibsdrre@mt.gov.
Be at least 18 years of age. Complete 10th grade or more at an accredited high school or equivalent. Complete 70 hours of prelicensing instruction within the last 24 months from a Board-approved school and instructor. Pass the Montana Salesperson Real Estate Exam.
A statutory broker is a licensee who may assist one or more of the parties in a transaction but does not actually represent either party in an agency relationship. Agents are presumed to be acting in that capacity unless they have a listing agreement with a seller, or a signed buyer brokerage agreement with a buyer.
The full license reciprocity states are: Alabama, Kansas, Virginia, Colorado, Mississippi, Alaska, Washington, Missouri, Georgia, Delaware, Kentucky, and Maine. Any state with full reciprocity allows you to bypass the general real estate courses and narrow your focus to the state-specific laws and requirements.
4 Steps to a Montana Salesperson Real Estate License Register for our state-approved 70-hour Salesperson Pre-licensing Course using the registration form on this website. ... Register for an exam date with PSI. ... Select a Sponsoring Broker to sponsor you. Apply for your license online at .realestate.mt.gov.