EFFECTIVE NOVEMBER 1, 2020, all
licensed real estate brokers and salespersons are required to maintain
continuous professional liability insurance coverage.
The insurance must cover the licensee for activities, including
errors and omissions by the real estate broker or salesperson.
A real estate broker or salesperson licensed under this chapter
must be covered by professional liability insurance through a policy:
(a) issued to real estate broker or salesperson licensees
provided on a group policy basis that is approved by the board;
by real estate broker or salesperson licensees independently; or
to the firm with which a real estate broker or salesperson license is
All policies issued under this chapter must:
issued by an insurer licensed under Title 33 to provide professional
prior acts coverage to an insured who maintains continuous past insurance
an automatic 60-day extended reporting period to report a claim if the
policy is canceled or not renewed for any reason other than nonpayment of
premium or a deductible; and;
an optional extended reporting of not less than 365 days to report a
claim, as long as the insured requests the extended reporting period and
pays any additional premium for the extended reporting period within 60
days after expiration or cancellation of the policy.
Due to the evolving COVID-19 situation in Montana, all Montana Department of Labor & Industry offices are closed to the public to protect the health and safety of our clients and staff. Our services are available through remote delivery. We are available to assist customers through our online public portal at EBIZ.MT.GOV/POL (Professional and Occupational Licenses) and EBIZ.MT.GOV (for Permits). For other services, please contact us via email at DLIBSDWEBHELP@MT.GOV or by phone (406) 841-2300.
Welcome to the Montana Board of Realty Regulation
The Board of Realty Regulation makes every effort to include on this website all relevant information pertaining to the licensing and regulation of real estate salespeople and brokers, property managers, and timeshares in Montana.
Rookie, Supervising Broker, & Trust Accounting Courses
If interested in knowing when the next Rookie course will be and where it will be located, please contact your local Realtors Association.
Rookie Course, August 13 & 14, Bozeman, register with GAR at (406) 585-0033
Rookie Course, September 10 & 11, Missoula, register with MOR
Rookie Course, October 22 & 23, Helena, registration not yet open