Montana § 76-7-209 Taxation Of Property Subject To Easement

Montana Statutes

§ 76-7-209 — Taxation Of Property Subject To Easement

Montana·Title 76 LAND RESOURCES AND USE·Ch. 7 ENVIRONMENTAL CONTROL EASEMENT ACT·Part 2 Environmental Control Easements

76-7-209 . Taxation of property subject to easement.

(1)The value of the interest held by a federal public entity, a public body, or a qualifying private organization is exempt from property taxation.

(2)Expiration of an environmental control easement granted for a term of years may not result in a reassessment of the land for property tax purposes if the easement is renewed and the granting instrument reflecting the renewed easement is executed and properly filed not later than 15 days after the date of expiration.

Free access — add to your briefcase to read the full text and ask questions with AI

76-7-209 . Taxation of property subject to easement. (1) The value of the interest held by a federal public entity, a public body, or a qualifying private organization is exempt from property taxation.
(2) Expiration of an environmental control easement granted for a term of years may not result in a reassessment of the land for property tax purposes if the easement is renewed and the granting instrument reflecting the renewed easement is executed and properly filed not later than 15 days after the date of expiration.

Montana § 76-7-209 (Taxation Of Property Subject To Easement) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.