Montana § 70-23-1103 Consent By Unit Owner On Behalf Of Lienholder

Montana Statutes

§ 70-23-1103 — Consent By Unit Owner On Behalf Of Lienholder

Montana § 70-23-1103

Title 70PROPERTY

Ch. 23UNIT OWNERSHIP ACT -- CONDOMINIUMS

Part 11Conversion of Condominium to Townhouse

This text of Montana § 70-23-1103 (Consent By Unit Owner On Behalf Of Lienholder) 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. § 70-23-1103 (2026).

Text

70-23-1103 . Consent by unit owner on behalf of lienholder. The instrument reflecting a unit owner's consent on behalf of the lienholder to convert a secured property from a condominium to a townhome or townhouse must be in substantially the following form: "(Unit owner) hereby consents on behalf of (name of lienholder), whose lien is evidenced by a trust indenture or mortgage recorded in ........ County on ..... day of ...., ...., in book ...... at page ...... as entry number ...... to the following property in ........ County being converted from a condominium described as ........... to a townhome or townhouse described as ........... The undersigned unit owner certifies as follows:

(1)In accordance with the requirements of 70-23-1101 and 70-23-1102 , MCA, the unit owner has delivered

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70-23-1103 . Consent by unit owner on behalf of lienholder. The instrument reflecting a unit owner's consent on behalf of the lienholder to convert a secured property from a condominium to a townhome or townhouse must be in substantially the following form:
"(Unit owner) hereby consents on behalf of (name of lienholder), whose lien is evidenced by a trust indenture or mortgage recorded in ........ County on ..... day of ...., ...., in book ...... at page ...... as entry number ...... to the following property in ........ County being converted from a condominium described as ........... to a townhome or townhouse described as ...........
The undersigned unit owner certifies as follows:
(1) In accordance with the requirements of 70-23-1101 and 70-23-1102 , MCA, the unit owner has delivered to the lienholder a notice of intent by a unit owner to a lienholder to convert a condominium to a townhome or townhouse.
(2) The lienholder has not affirmatively consented to the conversion, but the unit owner did not receive a notice of objection to the conversion from the lienholder within 120 days of the date of the notice of intent to convert a condominium to a townhome or townhouse as required to object to the conversion by 70-23-1101 , MCA.