Montana Real Estate Exam Prep & Study Guide
What the Montana exam actually asks, in the order worth studying it. The weightings below are not an estimate — they are each subject's share of the 2,103 Montana questions in our bank.
Questions
120
Time limit
240 min
To pass
75%
Exam fee
$95
Fee: per exam part; national and state are separate reservations.
Source: MBRR candidate handbook. Salesperson licence.
What to study first for the Montana exam
Ordered by how many questions sit behind each subject. Studying front to back spends the same hours on a subject worth 7% as on one worth 12%.
- 112%249 questions
Financing
- 211%240 questions
Property Ownership
- 311%239 questions
Contracts
- 411%226 questions
General Principles of Agency
- 511%222 questions
Practice of Real Estate
- 610%211 questions
Real Estate Math
- 77%151 questions
Property Disclosures
- 87%149 questions
Valuation Market Analysis
The Montana state portion, subject by subject
MT-specific law is where out-of-state study material stops helping. These are the subjects our bank covers, with real questions under each.
General Principles of Agency
226 questions- Without prior permission, Quinn Brooks signs a small repair authorization on behalf of the owner. The owner later approv…
- A buyer under a buyer-representation agreement receives an earnest money refund after a failed deal. The agent deposits …
- A buyer representation agreement should specify:
- Jamie Cruz signs a listing agreement with Skyler Simmons. In the resulting sale, whose interests does the listing broker…
Property Disclosures
151 questions- A 1978 ranch home is on the market. During inspection, the buyer's environmental specialist samples the wall insulation …
- Which of the following is NOT a hidden condition?
- A Transfer Disclosure Statement (TDS) must be provided by:
- The purpose of the Closing Disclosure under TILA-RESPA is to:
Valuation Market Analysis
149 questions- In October 2026, appraiser Caleb Moore is reviewing an income statement for Oak Place. The property's NOI is $67,500, th…
- Under USPAP, what is the purpose of the Competency Rule?
- An example of functional obsolescence is:
- In August 2026, appraiser Omar Lewis is valuing a small retail strip. Potential gross income is $96,000, vacancy and col…
Land Use Controls Regulations
128 questions- A homebuyer purchases a lot in a planned community. The deed references a recorded declaration of covenants, conditions,…
- A board of adjustment is reviewing an owner's request for relief from a zoning ordinance. All of the following are commo…
- A homeowner in an HOA community wants to install solar panels on her roof. The CC&Rs do not address solar panels. The HO…
- Seeking an exemption from zoning requirements requires a:
Transfer of Property
114 questions- Under TRID rules, the lender must deliver the Closing Disclosure to the borrower at least how many business days before …
- A deed is properly recorded in the county records before a later purchaser checks title. Even if the later purchaser nev…
- At closing, the seller's existing mortgage balance of $185,000 must be paid off from the sale proceeds. On the seller's …
- An attorney examining the abstract of title discovers a gap in the chain where a deed from 1952 does not match the grant…
Agency
43 questions- Under Montana law, what is required before a licensee may act as a dual agent representing both the buyer and the seller…
- Agent Rachel is a Montana licensee who has been representing buyer David in his search for a ranch near Dillon, Montana.…
- When a Montana licensee wishes to purchase a property listed with their own firm, what must they do?
- In a standard listing agreement, to whom does the listing broker owe fiduciary duties?
Mandated Disclosures
17 questions- In Montana, what must a seller disclose regarding radon?
- Sarah is selling her home in Billings, Montana. Her listing agent, Tom, advises her that Montana's seller disclosure for…
- Which of the following transactions is typically exempt from Montana's seller Property Condition Disclosure requirement?
- In Montana, what must be disclosed to a buyer regarding flood zones?
Valuation
14 questions- A residential property in Helena, Montana has an appraised market value of $320,000. Montana assesses Class 4 residentia…
- Margaret, a retired schoolteacher living on a fixed income in Billings, Montana, asks her real estate agent about any pr…
- The sales comparison approach to appraisal is most commonly used for which type of property?
- A rancher in Cascade County, Montana owns 640 acres of land that has been classified as Class 3 agricultural property fo…
Land Use Controls & Regulations
6 questions- Under the Montana Subdivision and Platting Act, which agency is responsible for reviewing subdivisions for the adequacy …
- Zoning regulations in Montana are primarily established and enforced by:
- Building codes are primarily designed to establish:
- A variance in zoning law is best described as:
Counts are live from the Montana question bank, which mixes the national portion with Montana-specific law.
The national portion, subject by subject
Shared with every other state exam, and usually the larger half of the paper.
Financing
249 questions- A buyer wants to purchase a home but cannot qualify for a conventional loan. The seller agrees to carry the entire purch…
- During the annual escrow analysis on Priya's loan, the servicer wants to maintain an escrow cushion equal to three month…
- Before the scheduled foreclosure sale, Lena Howard pays the past-due installments, late fees, and allowed expenses so th…
- Lena Chen is buying a home for $350,000 and is making a 20% down payment. Her lender will charge 2 discount points on th…
Property Ownership
240 questions- A roofing contractor replaced shingles on a home for $18,400, but the owner refused to pay. After following the required…
- Emma owns only a life estate in a rural tract, with title to pass to her nephew at Emma's death. Without the nephew's co…
- In February 2026, title examiner Rachel noticed that a metes and bounds description ended at a different point than wher…
- In June 2026, Jared sold the oil and gas rights under his ranch to Mesa Energy but kept the surface estate. After record…
Contracts
239 questions- After a property inspection reveals minor cosmetic issues, the buyer demands $20,000 in credits. The seller refuses, and…
- A buyer wants to demonstrate serious intent when submitting an offer. What financial deposit typically accompanies the o…
- Under a traditional contract for deed, what risk does the buyer face if the seller has an existing mortgage on the prope…
- Under a contract for deed, the buyer defaults after making five years of payments. In some jurisdictions, what protectio…
Practice of Real Estate
222 questions- Trust fund money in Montana must be deposited within how many days?
- A broker uses cloud-based transaction management software to store all transaction files, including contracts, disclosur…
- A rancher in Cascade County is selling a 640-acre agricultural property that includes an irrigation water right dating f…
- Two competing brokerages agree that each will refer commercial clients to the other and neither will compete for the oth…
Real Estate Math
211 questions- A county charges $40 to record the first page of a deed and $7 for each additional page. If a deed is 3 pages long, what…
- A property sells for $300,000 with a 6% commission split equally between the listing broker and the selling broker. The …
- A buyer is purchasing a property for $450,000 with an 80% LTV loan. Buyer closing costs are $9,500, the earnest money de…
- A transfer tax is charged at $1.00 per $500 of sale price (rounded up to the nearest $500). If the property sells for $3…
Leasing & Property Management
80 questions- A written apartment lease begins on July 1 and ends on June 30 of the following year with no need for notice to terminat…
- A property management agreement authorizes the manager to spend up to $500 on emergency repairs without prior owner appr…
- A property manager deposits tenant security deposits into the manager's personal checking account and uses the funds to …
- All of the following are landlord-tenant law concepts EXCEPT
Counts are live from the Montana question bank, which mixes the national portion with Montana-specific law.
Studying for the Montana exam
How long should I study for the Montana real estate exam?
Most candidates need four to eight weeks alongside a job. Working every Montana question in our bank at a realistic 30 questions an hour is roughly 70 hours — but the useful measure is not hours, it is whether your practice scores sit above the pass mark on questions you have not seen before.
What is on the Montana real estate exam?
Two portions. The national portion covers principles every state shares. The MT portion covers Montana law — in our bank that is General Principles of Agency, Property Disclosures, Valuation Market Analysis, Land Use Controls Regulations and more.
Which Montana topic should I study first?
Financing carries the most questions in our Montana bank (249, about 12% of it), so it is the highest-leverage place to start. After that, work down the list below rather than studying front to back.
Is a Montana exam prep course required?
Pre-licensing education is required by MBRR; exam prep is not. They are different purchases and people often conflate them — the course satisfies the legal hours, prep is practice on questions. Check the current requirement in the MBRR handbook before buying either.
Montana practice exam
Ten questions with explanations, free, no account.
Full-length mock exam
Timed and scored against the real pass mark.
Exam-day checklist
What to bring, what to expect, what disqualifies you.