Montana Code Annotated

Mont. Code Ann. § 15-7-303 (2026)

Definitions

✓ current as of May 2026
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TITLE 15. TAXATION

CHAPTER 7. APPRAISAL

Part 3. Realty Transfer Act

Definitions

15-7-303. Definitions. As used in this part, the following definitions apply:

(1) "Person" means an individual, corporation, partnership, or other business organization, trust, fiduciary, or agent or any other party presenting a document for recordation.

(2) "Real estate" includes:

(a) land;

(b) growing timber;

(c) buildings, structures, fixtures, fences, and improvements affixed to land.

(3) "Transfer" means an act of the parties or of the law by which the title to real property is conveyed from one person to another.

(4) "Value" means the amount of the full actual consideration for real estate paid or to be paid, including the amount of any lien or liens on the real estate.

History: En. 84-7303 by Sec. 3, Ch. 528, L. 1975; R.C.M. 1947, 84-7303; amd. Sec. 57, Ch. 42, L. 1997.

Notes of Decisions
Cited in 3 cases, 2020–2020 · leading case: Mountain Water v. DOR, 2020 MT 194.
Mountain Water v. DOR, 2020 MT 194. · cites it 8× “11 Before and after enactment of § 70-30-315, MCA, the requirements of the Realty Transfer Act (Title 15, chapter 7, part 3, MCA) expressly continued to “appl[y] to all transfers” of property, as defined by § 15-7-303, MCA. Section 15-7-307, MCA (emphasis added).”
Mountain Water v. DOR, 2020 MT 194. · cites it 8× “11 Before and after enactment of § 70-30-315, MCA, the requirements of the Realty Transfer Act (Title 15, chapter 7, part 3, MCA) expressly continued to “appl[y] to all transfers” of property, as defined by § 15-7-303, MCA. Section 15-7-307, MCA (emphasis added).”
Mountain Water v. DOR, 2020 MT 194. · cites it 8× “11 Before and after enactment of § 70-30-315, MCA, the requirements of the Realty Transfer Act (Title 15, chapter 7, part 3, MCA) expressly continued to “appl[y] to all transfers” of property, as defined by § 15-7-303, MCA. Section 15-7-307, MCA (emphasis added).”
Mont. Code Ann. § 15-7-303(3): 3 cases
Mountain Water v. DOR, 2020 MT 194. “11 Before and after enactment of § 70-30-315, MCA, the requirements of the Realty Transfer Act (Title 15, chapter 7, part 3, MCA) expressly continued to “appl[y] to all transfers” of property, as defined by § 15-7-303, MCA. Section 15-7-307, MCA (emphasis added).”
Mountain Water v. DOR, 2020 MT 194. “11 Before and after enactment of § 70-30-315, MCA, the requirements of the Realty Transfer Act (Title 15, chapter 7, part 3, MCA) expressly continued to “appl[y] to all transfers” of property, as defined by § 15-7-303, MCA. Section 15-7-307, MCA (emphasis added).”
Mountain Water v. DOR, 2020 MT 194. “11 Before and after enactment of § 70-30-315, MCA, the requirements of the Realty Transfer Act (Title 15, chapter 7, part 3, MCA) expressly continued to “appl[y] to all transfers” of property, as defined by § 15-7-303, MCA. Section 15-7-307, MCA (emphasis added).”
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