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Montana State Requirements

Education Requirements

Salesperson Licensing Requirements

The following outlines general licensing information for Real Estate Salesperson. For specific information on filing an application, you will need to obtain the application, which includes a detailed listing of the requirements.

  • A. Licensing Fees: $175.00 if Licensed in an Even Year $87.50 if Licensed in an Odd Year $35.00 Recovery Account (one-time fee)
  • B. Education Requirements: High school graduation or equivalent;
  • C. Experience Requirements: None
  • D. Examination Information: Pass the Montana Real Estate Examination with a score of 80% or better the uniform and 70% or better on the state portion.

Broker Licensing Requirements

The following outlines general licensing information for Real Estate Brokers. For specific information on filing an application, you will need to obtain the application, which includes a detailed listing of the requirements.

  • A. Licensing Fees: $200.00 if Licensed in an Even Year $100.00 if Licensed in an Odd Year $ 35.00 Recovery Account (one-time fee if not currently licensed in Montana)
  • B. Education Requirements: High school graduation or equivalent; 60 Hours of additional pre-licensing instruction from a school and instructor approved by the Board.
  • C. Experience Requirements: Two years as a licensed Salesperson Completion of the following activity criteria within 3 years of the date of application: Minimum of 30 residential real estate transactions, or Minimum of 10 commercial, agricultural or farm and ranch real estate transactions.
  • D. Exam Information: Pass the Montana Real Estate Examination with a score of 80% or better on both the uniform and state portion.

Continuing Education Requirements

All real estate licensees, including property managers, are required to complete 12 hours of continuing education every year. Four of those hours must be from the Mandatory Topics list with the remaining 8 hours coming from either the Mandatory or Elective Topics lists. All continuing education must be completed by October 31, 2007.

Continuing Education Requirements: 12 hours annually (with at least 4 in Mandatory topics) 24.210.661 NEW LICENSEE MANDATORY CONTINUING EDUCATION - SALESPERSONS

  • All new sales licensees issued in 2006 are required to complete the board mandated new licensee mandatory continuing education requirement by December 31, 2006. Effective January 1, 2007, all new sales licensees are required to complete the board mandated new licensee mandatory continuing education requirement by the October 31 following their original license issue date.
  • New sales licensees issued in 2006 will receive an interim license that will expire December 31, 2006. Effective January 1, 2007, all new sales licensees will receive an interim license that will expire October 31 of the year of the initial license date.
  • A new license will be issued upon completion of the new licensee mandatory continuing education.
  • The new licensee mandatory continuing education does not replace the 12-hour continuing education requirement which begins with the second year of licensing.

    Reciprocity

    Colorado, Georgia, Idaho, Iowa, Nebraska, New Mexico, North Dakota, Oregon, South Dakota, Tennessee, Utah, Wyoming, Alberta, Canada

    If you are not licensed in above listed states but hold a real estate license in another state that is current and active you can apply for a waiver. The wavier application would go in front of the board at their next scheduled board meeting and they would decide if they would waive the 60 hour pre licensing course and/or the State and National AMP exam.

    Reporting

    STUDENT REPORTING REQUIREMENTS

    FOR SCHOOL: All continuing education instructors or their designee must report licensee attendance at approved continuing education offerings to the board within 20 days of the course offering.

    FOR STUDENT: An education reporting form attesting to the successful completion of the continuing education requirement must be submitted to the board by December 31 of each year.

    Filing of an education reporting form after December 31, but on or before February 15 will result in a late filing fee. No affidavit will be accepted after February 15.

    An incomplete education reporting form will not be accepted and will be returned to the licensee. Any form returned to the licensee must be properly completed and resubmitted before the December 31 deadline, or late filing fees will be required.

    Education reporting forms will be mailed to all real estate licensees at their last address of record. Failure to receive an education reporting form does not eliminate the reporting requirement. Each licensee is required to annually report continuing education.