Montana § 37-56-101 - Definitions
Full text of Montana Montana Code Annotated § 37-56-101 — Definitions, with citation guidance and answers to common questions.
§ 37-56-101. Definitions
Definitions. As used in this part, unless the context clearly indicates otherwise, the following definitions apply: (1) "Department" means the department of labor and industry provided for in Title 2, chapter 15, part 17. (2) "Property manager" means an individual who engages in the business of leasing, renting, subleasing, or other transfer of possession of real estate located in this state without transfer of the title to the property. The term includes but is not limited to an individual who: (a) engages in negotiations for the lease or sublease of any real estate or of the improvements on any real estate; (b) promotes the lease, rental, exchange, or other disposition of real estate; (c) assists in creating or completing real estate lease contracts; (d) procures tenants; (e) aids or offers to aid, for a fee, any person in locating or obtaining any real estate for lease; (f) makes the advertising of real property for lease available by public display to potential tenants; (g) shows rental or lease properties to potential tenants; (h) acts as a liaison between the owners of real estate and a tenant or potential tenant; (i) generally oversees the inspection, maintenance, and upkeep of leased real estate; (j) collects rents or attempts to collect rents; (k) pays or receives a fee, commission, or other compensation for referral of the name of a prospective lessor or lessee; or (l) advertises or represents to the public that the individual is engaged in any of the activities referred to in this subsection (2). (3) "Real estate" includes leaseholds as well as any other interest or estate in land, whether corporeal, incorporeal, freehold, or nonfreehold and whether the real estate is situated in this state or elsewhere. (4) "Trust account" means an account for real estate trust funds maintained at a depository institution from which withdrawals or transfers can be made without delay, subject to any notice period that the depository institution is required to observe by law.
Frequently Asked Questions About Montana § 37-56-101
What does Montana Code Annotated § 37-56-101 cover?
Section 37-56-101 ("Definitions") 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 § 37-56-101?
A common citation format is "Montana Code Annotated § 37-56-101" (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 § 37-56-101 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.