Montana § 70-29-415 - Report Of Open-Market Sale
Full text of Montana Montana Code Annotated § 70-29-415 — Report Of Open-Market Sale, with citation guidance and answers to common questions.
§ 70-29-415. Report Of Open-Market Sale
Report of open-market sale. (1) Unless required to do so within a shorter time by any other law of this state, a broker appointed under 70-29-412 (2) to offer heirs property for open-market sale shall file a report with the court not later than 7 days after receiving an offer to purchase the property for at least the value determined under 70-29-410 or 70-29-414 . (2) The report required by subsection (1) must contain the following information: (a) a description of the property to be sold to each buyer; (b) the name of each buyer; (c) the proposed purchase price; (d) the terms and conditions of the proposed sale, including the terms of any owner financing; (e) the amounts to be paid to lienholders; (f) a statement of contractual or other arrangements or conditions of the broker's commission; and (g) other material facts relevant to the sale.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 70-29-415
What does Montana Code Annotated § 70-29-415 cover?
Section 70-29-415 ("Report Of Open-Market Sale") 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 § 70-29-415?
A common citation format is "Montana Code Annotated § 70-29-415" (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 § 70-29-415 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.