Montana Statutes
§ 72-6-402 — Definitions
Montana·Title 72 ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS·Ch. 6 NONPROBATE TRANSFERS ON DEATH·Part 4 Uniform Real Property Transfer on Death Act
72-6-402 . Definitions. As used in this part, the following definitions apply:
(1)"Beneficiary" means a person that receives property under a transfer on death deed.
(2)"Designated beneficiary" means a person designated to receive property in a transfer on death deed.
(3)"Joint owner" means an individual who owns property concurrently with one or more other individuals with a right of survivorship. The term includes a joint tenant. The term does not include a tenant in common.
(4)"Person" means an individual, corporation, business trust, estate, trust, partnership, limited liability company, association, joint venture, public corporation, government or governmental subdivision, agency, or instrumentality, or any other legal or commercial entity.
(5)"Property" means an interest in real
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Legislative History
En. Sec. 84, Ch. 313, L. 2019.
Nearby Sections
15
§ 72-6-101
Renumbered 72-9-101§ 72-6-102
Renumbered 72-9-102§ 72-6-103
Renumbered 72-9-103§ 72-6-104
Through 72-6-106 Reserved§ 72-6-107
Renumbered 72-9-107§ 72-6-108
Renumbered 72-9-108§ 72-6-109
Renumbered 72-9-109§ 72-6-110
Renumbered 72-9-110§ 72-6-111
Nonprobate Transfers On Death§ 72-6-113
Reserved§ 72-6-114
Renumbered 72-9-114§ 72-6-115
Renumbered 72-9-115§ 72-6-116
Renumbered 72-9-116§ 72-6-117
Through 72-6-119 Reserved