Do inactive licenses in Montana still have obligations?

In Montana, holders of inactive real estate licenses have ongoing obligations, which include the requirement to pay annual fees. This is essential because maintaining an inactive status still ties the licensee to certain regulatory responsibilities, including financial obligations. The annual fees are intended to keep the license in good standing, ensuring that the license remains valid and that the licensee is compliant with state regulations while they are not actively conducting real estate business.

It’s important for real estate professionals to understand that while working under an inactive license, they are not permitted to engage in any real estate activities such as transactions or brokerages, but they must still fulfill these financial commitments to prevent their license from lapsing or being revoked.