§ 17-6-801 Montana housing infrastructure revolving loan fund account
§ 17-6-802 Purpose
§ 17-6-803 Terms
§ 17-6-804 Eligibility — priority
§ 17-6-805 Financing — deed restrictions

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Terms Used In Montana Code > Title 17 > Chapter 6 > Part 8 - Montana Housing InfrastructureRevolving Loan Fund

  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Property: means real and personal property. See Montana Code 1-1-205
  • 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