GroundRules
← Search the law
Montana · Through Montana Code Annotated 2025

71-1-232: Deficiency judgment not allowed on foreclosure of purchase price mortgage.

Read at publisher ↗
Where this section sits in the code
  1. TITLE 71. MORTGAGES, PLEDGES, AND LIENS
  2. CHAPTER 1. MORTGAGES
  3. Part 2. Mortgages of Real Property

Upon the foreclosure of any mortgage, executed to any vendor of real property or to the vendor's heirs, executors, administrators, or assigns for the balance of the purchase price of the real property, the mortgagee is not entitled to a deficiency judgment on account of the mortgage or note or obligation secured by the mortgage.

Collected 2026-09-14T04:58:51Z. Source file · JSON

Browse this collection