1. (1) Salesperson supervision may be terminated by the supervising broker or salesperson. Upon termination of a supervision:

   1. (a) a salesperson must:

      1. (i) notify the board of a new supervising broker relationship or change to inactive license status within ten days of the board receiving notice of the termination; or
      2. (ii) within ten days of being notified by the board the supervising broker has no active broker license or endorsement, transfer to another supervising broker or change to inactive license status;

   2. (b) a supervising broker must within five calendar days of the termination:

      1. (i) notify all principals in the salesperson’s listings or transactions that the supervision has terminated, and the listings and pending transactions are now the supervising broker’s responsibility;
      2. (ii) if requested, provide the former supervised salesperson with a statement documenting all real estate transactions involving the salesperson while supervised by the supervising broker, within the three years preceding the request; and
      3. (iii) inform the broker's supervised salespeople when the supervising broker no longer has an active broker license or endorsement.

2. (2) A supervising broker may temporarily transfer supervision of one or more salespersons to other supervising brokers by providing notice of the temporary transfer to the salesperson.

   1. (a) The notice must include:

      1. (i) name of the transferred salesperson(s);
      2. (ii) effective and termination dates of the transfer; and
      3. (iii) acceptance of supervision responsibility by the temporary supervising broker.
   2. (b) The supervising broker must provide a copy of the transfer notice to the board within three business days after the beginning of the temporary transfer or a late fee will be assessed.
   3. (c) A salesperson not wishing to be temporarily supervised must transfer supervision to a new supervising broker or change to inactive license status.
   4. (d) Temporary transfer of a salesperson may not exceed 60 days in any 12-month period unless extended by the board for good cause.
   5. (e) Supervising brokers may end a temporary transfer prior to the termination date by providing notice to the temporary supervising broker and the board.
   6. (f) A temporary supervising broker must supervise for the agreed length of time and may not transfer supervision to anyone except the original supervising broker.
   7. (g) A salesperson must inform the board within ten days of the death or involuntary, unanticipated incapacity of a supervising broker or temporary supervising broker. Supervision of the salesperson may be transferred to a new supervising broker or another temporary supervising broker.
3. (3) A listing agreement negotiated by a salesperson is not valid until it is reviewed, signed, and dated by the supervising broker.

Authorizing statute(s): 37-1-131, 37-51-203, MCA

Implementing statute(s): 37-1-131, 37-51-202, 37-51-301, 37-51-309, 37-51-313, MCA

History: NEW, 2026 MAR, Notice No. 2025-349, Eff. 2/21/26.