Mont. Code Ann. § 71-1-232
This is the official text of Mont. Code Ann. § 71-1-232, part of Montana’s Code Ann — part of the compiled statutory law of Montana, published by the state as "Code Ann." Browse the sections below, each linked to its official government source.
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71-1-232 Deficiency judgment not allowed on foreclosure of purchase price mortgage
Official statutory text
71-1-232 . Deficiency judgment not allowed on foreclosure of purchase price mortgage. 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.
Status: in_force · Read it on the official government site
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