Which of the following transactions is typically exempt from Montana's seller Property Condition Disclosure requirement?
Correct Answer
B) Court-ordered sale such as a foreclosure or estate transfer
Under Montana law (MCA 37-51-306), involuntary transfers such as court-ordered sales, foreclosures, and estate transfers are exempt from the Property Condition Disclosure requirement. These transactions are excluded because the transferor typically lacks sufficient knowledge of the property's condition. Price thresholds and new construction by private sellers do not constitute recognized exemptions under Montana statute.
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