{"data":{"id":"us-mt/70-17-405","jurisdiction":"us-mt","citation":"70-17-405","heading":"Wind option agreements -- contents and requirements -- notarization.","body":"(1) A wind option agreement executed after April 21, 2011, must contain but is not limited to:\n(a) the names and addresses of the parties to the wind option agreement;\n(b) a legal description of the real property subject to the wind option agreement;\n(c) the specified term beyond which the wind option agreement terminates and the real property is released from the obligations outlined in the wind option agreement;\n(d) compensation for the owner of the real property on and over which the wind resource flows; and\n(e) other terms and conditions agreed upon by the owner of the real property and the wind energy developer.\n(2) A wind option agreement must be notarized.\n(3) A wind option agreement may not exceed 20 years unless extended by agreement of the parties.","path":["TITLE 70. PROPERTY","CHAPTER 17. SERVITUDES, EASEMENTS, AND COVENANTS RUNNING WITH THE LAND","Part 4. Wind Energy Easements"],"source_url":"https://mca.legmt.gov/bills/mca/title_0700/chapter_0170/part_0040/section_0050/0700-0170-0040-0050.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:58:37Z","sha256":"adc0616123529753bf661f1a6fa0dbec7c37ae2bff56afd6e67ff14fcf948a41","source_id":"us-mt","stale":false,"prev":"us-mt/70-17-404","next":"us-mt/70-17-406"},"notice":"GroundRules: Original legal text. Not legal advice."}