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MT SB502
Bill
AI Summary
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Investment firms are prohibited from entering into a contract to purchase a single-family dwelling until 45 days after the home is listed for sale
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Sellers may void any contract that violates the 45-day waiting period at any time before the contract is fully executed
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"Investment firm" is defined as a corporation or trust that invests pooled capital from investors in financial securities
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The provision would be codified under Title 70, chapter 1, part 5 of Montana law governing property transfers
Legislative Description
Revising laws related to transfer of a single-family dwelling
Public Contracts
Last Action
(S) Died in Process
5/23/2025
Committee Referrals
Judiciary2/26/2025
Full Bill Text
No bill text available