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Generally speaking, a trust indenture is a lien against the property with the buyer being the legal owner. In a contract for deed, a contact is executed between a seller and a buyer whereby a seller agrees to transfer title to the property once the amount set forth in the contract has been paid in full.
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.
Montana Board of Realty Regulation.
It usually takes three to six months to get an active real estate license in Montana. The longest parts of the process are the pre-license education and preparing for the test. If you study full-time, you might complete it in two months.
The Montana Board of Realty Regulation (BRR) oversees all real estate licenses, pre-licensing requirements, along with state statues and regulations.
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.