MT Real Estate study plan

Map the Montana licensing lifecycle - prelicensing education, exam, application, initial license, renewal, and continuing education - into a dated, step-by-step checklist

Distinguish the separate roles of the licensing board, the real estate commission, and department staff, and note which body hears complaints versus which writes rules

Build a table of license and registration statuses (active, inactive, expired, suspended) and list what activity is prohibited in each

Draft word-for-word agency disclosure scripts for a seller-side, buyer-side, and limited/dual representation conversation

Answer 50 practice questions on Domains 1 and 2 and log every miss with a one-line reason for the error

Break a purchase and sale agreement into its required elements and label where each element appears in the form

Identify which contract terms must be in writing and which promises are enforceable without a writing

Sequence every deadline and contingency in the standard agreement into a single calendar from offer to closing

Compare the available remedies for breach - damages, specific performance, earnest money forfeiture - and state when each applies

Write out the difference between an assignment, a novation, and a novation-style substitution using a single fact pattern

Compare the federally protected classes under fair housing law against the classes protected by Montana human rights statutes and mark the differences

Draft three compliant and three non-compliant advertisement examples and annotate what makes each one a violation

Apply disclosure obligations to five fact patterns involving known defects, stigmatized property, and agency status

Explain the antitrust prohibitions on price-fixing, group boycotts, and market allocation using one brokerage scenario each

List the environmental and hazard disclosures required in a Montana transaction and identify who must sign each

Classify each estate in land and each form of co-ownership by its survivorship, transferability, and partition characteristics

Sort common encumbrances and liens by whether they run with the land, survive foreclosure, or are extinguished at closing

Summarize the land use controls that affect a parcel - zoning, subdivision regulation, easements, and covenants - in a short written summary for a hypothetical lot

Compare warranty, special warranty, quitclaim, and trustee's deeds by the covenants each carries

Trace a deed from execution through delivery, acceptance, and recording, and state the effect of each step on priority

Match each loan program (conventional, FHA, VA, USDA, and the common state housing programs) to its down payment, insurance, and eligibility rules

Compute principal, interest, taxes, and insurance for three sample loans and identify what changes the monthly payment

Explain the loan estimate and closing disclosure timelines and which disclosures trigger a waiting period

Describe the licensing and conduct rules that apply to mortgage loan originators and how they intersect with real estate licensees

Work through five financing contingency scenarios and state whether the buyer may terminate and whether earnest money is refundable

Apply all three approaches to value to two properties and justify which approach carries the most weight for each

Reconcile an adjusted comparable sales grid and defend the final value conclusion in three sentences

Calculate commission splits, prorations, and seller net proceeds for four closing scenarios without a calculator error

Distinguish market value, market price, and assessed value, and explain when each appears in a transaction

Compute the key investment ratios - gross rent multiplier, capitalization rate, and net operating income - from a supplied income statement

Summarize the landlord-tenant duties, notice requirements, security deposit handling, and eviction sequence that apply to Montana rentals

Explain a property manager's responsibilities for trust accounts, owner reporting, and maintenance authorization

Draft a sample management agreement outline covering scope of authority, fees, and termination

Solve ten mixed closing-statement problems under a time limit, including prorations across a closing date

Re-test the two weakest domains from weeks 1 through 6 and correct every missed item in writing

Take two full-length timed practice exams covering all ten domains and record the score by domain after each

Rebuild flashcards for the 30 facts you missed most often across the whole plan and drill them to automatic recall

Restate the major statutory and rule numbers, deadlines, and dollar thresholds from memory on a blank sheet

Write a one-paragraph plain-language explanation of each heavily weighted domain as if teaching it to a new licensee

Review your error log and confirm every recurring mistake has been corrected on a fresh set of questions