§ 70-1-501 Transfer defined
§ 70-1-502 Voluntary transfer — applicability of contract rules
§ 70-1-503 What may be transferred
§ 70-1-504 Possibility not transferable
§ 70-1-505 Right of reentry or repossession transferable
§ 70-1-506 Oral transfer permitted
§ 70-1-507 Grant defined
§ 70-1-508 Delivery of grant necessary
§ 70-1-509 Presumption of delivery
§ 70-1-510 Delivery to grantee necessarily absolute
§ 70-1-511 Delivery in escrow
§ 70-1-512 Constructive delivery
§ 70-1-513 Grants — how interpreted generally
§ 70-1-514 Clear limitation not controlled by other words
§ 70-1-515 Recitals — when resorted to
§ 70-1-516 Interpretation against grantor — exception
§ 70-1-517 Irreconcilable provisions
§ 70-1-518 Meaning of heirs and issue in certain remainders
§ 70-1-519 Transfer vests title
§ 70-1-520 Transfer of incidents
§ 70-1-521 Grant may inure to benefit of stranger
§ 70-1-522 Certain restrictions on political free speech contrary to public policy — enforcement prohibited — definitions
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Terms Used In Montana Code > Title 70 > Chapter 1 > Part 5 - Transfer of Property Grants and Their Interpretation

  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Grantor: The person who establishes a trust and places property into it.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Person: includes a corporation or other entity as well as a natural person. See Montana Code 1-1-201
  • Property: means real and personal property. See Montana Code 1-1-205
  • Recourse: An arrangement in which a bank retains, in form or in substance, any credit risk directly or indirectly associated with an asset it has sold (in accordance with generally accepted accounting principles) that exceeds a pro rata share of the bank's claim on the asset. If a bank has no claim on an asset it has sold, then the retention of any credit risk is recourse. Source: FDIC
  • Several: means two or more. See Montana Code 1-1-201
  • State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201
  • Statute: A law passed by a legislature.
  • Writing: includes printing. See Montana Code 1-1-203