A Montana Quitclaim Deed is utilized for relinquishing property interests, differing from warranty deeds in not guaranteeing ownership. Typically employed for family or ex-spouse transfers without monetary exchange.
Laws & Requirements
Statute MCA Title 70, Chapter 21: § 7-4-2636 outlines recording criteria, including party names on the first/second page, property description, signatures in blue/black ink, and specific page margins.
Signing Requirements § 70-21-203: The quitclaim deed must be signed in the presence of a notary public and acknowledged.
Recording Requirements § 70-21-208: Parties must record the quitclaim deed with the County Clerk and Recorder of the county where the property is. There will be a recording fee along with the deed.
Transfer Tax: No
Additional Documents § 15-7-305: Parties must file a Realty Transfer Certificate with the County Clerk and Recorder along with the quitclaim deed. Failure to file this certificate can result in a penalty of up to $500.
Sample
Below is an example of what a Montana quitclaim deed looks like.
