Montana § 15-8-511 - Undivided Interest In Common Elements Of Condominium Project -- Definition
Full text of Montana Montana Code Annotated § 15-8-511 — Undivided Interest In Common Elements Of Condominium Project -- Definition, with citation guidance and answers to common questions.
§ 15-8-511. Undivided Interest In Common Elements Of Condominium Project -- Definition
Undivided interest in common elements of condominium project -- definition. (1) Each unit of a condominium project is considered a parcel of real property subject to separate assessment and taxation. Each unit owner must be assessed for the unit owner's percentage of undivided interest in elements of the condominium project, except parks, owned in common by the unit owners. The percentage of undivided interest stated in a unit declaration is the figure to be used in assessing common elements under this section. (2) As used in this chapter, "common elements" has the meaning provided in 70-23-102 .
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 15-8-511
What does Montana Code Annotated § 15-8-511 cover?
Section 15-8-511 ("Undivided Interest In Common Elements Of Condominium Project -- Definition") is part of the Montana Code Annotated, the codified statutory law of Montana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Montana § 15-8-511?
A common citation format is "Montana Code Annotated § 15-8-511" (Montana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Montana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Montana official source linked on this page or consult a licensed Montana attorney.
How does Montana § 15-8-511 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Montana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Montana.