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Mont. Code Ann. § 25-13-802

Time for redemption -- amount to be paid

Applied in 2 court decisions — leading case Minnwest Bank Central v. Flagship Properties LLC (2004)

Most recently applied in Minnwest Bank Central v. Flagship Properties LLC (December 2004)

En

The judgment debtor or redemptioner may redeem the property from the purchaser any time within 1 year after the sale on paying the purchaser:

(1) the amount of the purchase with interest at a rate established by the judgment in the action that led to the execution sale, up to the time of redemption;

(2) the amount of any assessment or taxes that the purchaser may have paid on the property after purchase and interest on that amount;

(3) the amount of any repairs, maintenance expenses, or other expenditures that the purchaser may reasonably have made after purchase for the maintenance of the property, with interest on the amounts from the date of expenditure; and

(4) if the purchaser is also a creditor having a prior lien to that of the redemptioner other than the judgment under which the purchase was made, the amount of the lien with interest.

Official source: Montana Code Annotated (Montana Legislature). Reproduced from public-domain Montana statutes; confirm against the official source for the current text. Not legal advice.