Montana Statutes
§ 70-29-415 — Report Of Open-Market Sale
Montana·Title 70 PROPERTY·Ch. 29 PARTITION OF REAL PROPERTY·Part 4 Uniform Partition of Heirs Property Act
70-29-415 . Report of open-market sale.
(1)Unless required to do so within a shorter time by any other law of this state, a broker appointed under 70-29-412 (2) to offer heirs property for open-market sale shall file a report with the court not later than 7 days after receiving an offer to purchase the property for at least the value determined under 70-29-410 or 70-29-414 .
(2)The report required by subsection (1) must contain the following information:
(a)a description of the property to be sold to each buyer;
(b)the name of each buyer;
(c)the proposed purchase price;
(d)the terms and conditions of the proposed sale, including the terms of any owner financing;
(e)the amounts to be paid to lienholders;
(f)a statement of contractual or other arrangements or conditions of the broker
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Legislative History
En. Sec. 11, Ch. 263, L. 2013.
Nearby Sections
15
§ 70-29-102
Action By Minor§ 70-29-103
Complaint -- Contents§ 70-29-105
Who May Be Joined As Defendants§ 70-29-107
Lienholders Of Record As Parties§ 70-29-108
Lienholders Of Record To Be Notified§ 70-29-110
Summons -- To Whom Directed§ 70-29-112
Answer -- Contents§ 70-29-201
Trial Of Title Or Interest Of Parties