Montana Statutes

§ 71-3-522 — Definitions

Montana·Title 71 MORTGAGES, PLEDGES, AND LIENS·Ch. 3 LIENS·Part 5 Construction Liens

71-3-522 . Definitions. As used in this part, the following definitions apply:

(1)"Commencement of work" means the date of the first visible change in the physical condition of the real estate caused by the first person furnishing services or materials pursuant to a particular real estate improvement contract.
(2)"Construction lien" or "lien" means a lien against real estate arising under this part.
(3)(a) "Contract price" means the amount agreed upon by the contracting parties for performing services and furnishing materials covered by the contract, increased or diminished by:
(i)the price of change orders or extras;
(ii)any amounts attributable to altered specifications; or
(iii)a breach of contract, including but not limited to defects in workmanship or materials.
(b)If a price i

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Legislative History

En. Sec. 2, Ch. 202, L. 1987; amd. Sec. 1, Ch. 293, L. 2007.

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