Montana Real Estate Broker Exam: Study Guide & Practice  /  Real Estate Prep

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Montana Real Estate Broker Exam: Study Guide & Practice Final Exam

Free Practice Test Instructions:

Choose your answer to the question and click 'Continue' to see how you did. Then click 'Next Question' to answer the next question. When you have completed the free practice test, click 'View Results' to see your results. Good luck!

Question 1 1. Which of the following is true about credit lenders and the maximization of credit?

Question 2 2. Which of the following factors are favorable on a borrower's credit report in the underwriting process?

Question 3 3. How many codes can one parcel of land have for zoning?

Question 4 4. The _____ prohibits discrimination in housing based upon race, color, religion, sex, national origin, familial status, and disability.

Question 5 5. Which of the following measurements is equal to 1 acre?

Question 6 6. You are selling your house. You are confident that your property title is good, and there are no concerning records. What would you use that would be most reassuring to a buyer?

Question 7 7. Allan and Beth hold a piece of property as joint tenants. Allan decides to sell his interest to Charles. How do Beth and Charles hold their interest?

Question 8 8. Who owns the common areas of a condo?

Question 9 9. Sam, Mike, and Maurice all own drywall companies. They want to be able to win every bid. They decide that one of them will submit a low bid, while the other two submit higher prices. They take turns doing this, so each of them will get the job at some point in time. What is this called?

Question 10 10. Anyone who acts as an agent on behalf of another person to perform their services must abide by:

Question 11 11. Tina has just signed a commercial lease for her new coffee shop. She's responsible for paying rent as well as her share of the property taxes and insurance on the building. What type of lease does Tina have?

Question 12 12. Which of the following provisions is found in a residential lease but not a commercial lease?

Question 13 13. Which type of easement allows a trespasser to acquire an easement by adverse use?

Question 14 14. A typical mortgage lien is what type of lien?

Question 15 15. Before I build a log cabin on my land, I need to know:

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Montana Real Estate Broker Exam: Study Guide & Practice Final Free Practice Test Instructions

Choose your answer to the question and click 'Continue' to see how you did. Then click 'Next Question' to answer the next question. When you have completed the free practice test, click 'View Results' to see your results. Good luck!

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