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Montana real estate listing agreement Form: What You Should Know

Signature Below (f) without the authority of the owner, engages and fails to disclose a transaction, or any interest in a transaction, to the property purchaser. (1) If the seller has been in business for less than three years, the seller, prior to entering into a real estate sale agreement, shall file an annual report with the Secretary of State setting forth: (2) The name, address and telephone number of the seller and the address of each principal office and branch, and of each related entity of the seller. (3) Failure to disclose the information required by this subsection (f), which occurs after the annual report has been filed, shall be a Class 1 misdemeanor. Section 24-211. Violation of Act — (1) A person is guilty of a class 1 misdemeanor if: (a) within 3 years of the act, the person engages in a transaction in property described in subsection (1) of this section, and knowingly or intentionally commits anyone or more of the acts listed in subsection (2) of this section. (b) within 3 years of the act, the person engages in a transaction in property described in subsection (1) of this section, and knowingly or intentionally has been convicted of the following; (i) a felony in this State or another state, that has a maximum sentence of imprisonment for a term exceeding one year, in which the person has been convicted of more than one violation of this section; or (ii) a misdemeanor which has a maximum sentence of imprisonment for a term exceeding one year if the person has been convicted as to one misdemeanor or more violations of this section and a conviction of any felony. (2)(a) A person is guilty of a Class I felony if, during a period of 6 months, the person: (i) knowingly and without authority engaged in a transaction in property described in subsection (1) of this section and knowingly or intentionally failed to disclose the transaction, or any interest in a transaction, to the property purchaser; or (ii) knowingly and with no authority engaged in a transaction in property described in subsection (1) of this section and knowingly or intentionally failed to disclose the property purchase price, or any interest in the property purchase price, to the property purchaser, except the fact that the property purchase price was not disclosed is a defense.

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