Montana Statutes
§ 70-23-804 — Effect Of Removal -- Ownership In Common -- Liens
Montana·Title 70 PROPERTY·Ch. 23 UNIT OWNERSHIP ACT -- CONDOMINIUMS·Part 8 Removal of Property From Unit Ownership Act
70-23-804 . Effect of removal -- ownership in common -- liens. If the property is removed from the provisions of this chapter, as provided by 70-23-801 through 70-23-803 , the property shall be considered owned in common by all the unit owners. The percentage of undivided interest of each unit owner in the property owned in common shall be the same as the percentage of undivided interest previously owned by such owner in the common elements. Liens affecting any unit shall be liens, in accordance with the then existing priorities, against the undivided interest of the unit owner in the property owned in common.
Free access — add to your briefcase to read the full text and ask questions with AI
Montana § 70-23-804 (Effect Of Removal -- Ownership In Common -- Liens) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
En. Sec. 35, Ch. 120, L. 1965; R.C.M. 1947, 67-2335.
Nearby Sections
15
§ 70-23-1001
Repealed§ 70-23-1002
Repealed§ 70-23-101
Short Title§ 70-23-102
Definitions§ 70-23-103
Applicability -- Submission By Declaration Required -- Optional Declaration For Townhouses§ 70-23-1101
Conversion Of Condominium To Townhouse§ 70-23-1102
Notice Of Intent§ 70-23-1103
Consent By Unit Owner On Behalf Of Lienholder§ 70-23-1104
Effect Of Conversion§ 70-23-201
Repealed§ 70-23-202
Repealed§ 70-23-203
Repealed§ 70-23-204
Repealed§ 70-23-205
Repealed