Montana § 71-1-232 Deficiency Judgment Not Allowed On Foreclosure Of Purchase Price Mortgage

Montana Statutes

§ 71-1-232 — Deficiency Judgment Not Allowed On Foreclosure Of Purchase Price Mortgage

Montana § 71-1-232

Title 71MORTGAGES, PLEDGES, AND LIENS

Ch. 1MORTGAGES

Part 2Mortgages of Real Property

This text of Montana § 71-1-232 (Deficiency Judgment Not Allowed On Foreclosure Of Purchase Price Mortgage) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 71-1-232 (2026).

Text

71-1-232 . Deficiency judgment not allowed on foreclosure of purchase price mortgage. Upon the foreclosure of any mortgage, executed to any vendor of real property or to the vendor's heirs, executors, administrators, or assigns for the balance of the purchase price of the real property, the mortgagee is not entitled to a deficiency judgment on account of the mortgage or note or obligation secured by the mortgage.

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71-1-232 . Deficiency judgment not allowed on foreclosure of purchase price mortgage. Upon the foreclosure of any mortgage, executed to any vendor of real property or to the vendor's heirs, executors, administrators, or assigns for the balance of the purchase price of the real property, the mortgagee is not entitled to a deficiency judgment on account of the mortgage or note or obligation secured by the mortgage.