Montana Statutes

§ 72-6-411 — Effect Of Transfer On Death Deed During Transferor's Life

Montana·Title 72 ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS·Ch. 6 NONPROBATE TRANSFERS ON DEATH·Part 4 Uniform Real Property Transfer on Death Act

72-6-411 . Effect of transfer on death deed during transferor's life. During a transferor's life, a transfer on death deed does not:

(1)affect an interest or right of the transferor or any other owner, including the right to transfer or encumber the property;
(2)affect an interest or right of a transferee, even if the transferee has actual or constructive notice of the deed;
(3)affect an interest or right of a secured or unsecured creditor or future creditor of the transferor, even if the creditor has actual or constructive notice of the deed;
(4)affect the transferor's or designated beneficiary's eligibility for any form of public assistance;
(5)create a legal or equitable interest in favor of the designated beneficiary; or
(6)subject the property to claims or process of a creditor

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Montana § 72-6-411 (Effect Of Transfer On Death Deed During Transferor's Life) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

En. Sec. 94, Ch. 313, L. 2019.

Nearby Sections

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