7-8-2307. Tax liability of purchased tax-deed lands. (1) On January 1 following the execution of a contract or deed, the land is subject to taxation in the name of the purchaser or the purchaser's assignee.
(2) If the taxes are not paid and become delinquent, the contract is subject to cancellation and all payments made must be regarded as rent for the property.
History: En. Sec. 3, Ch. 171, L. 1941; amd. Sec. 14, Ch. 388, L. 1975; R.C.M. 1947, 84-4192; amd. Sec. 518, Ch. 61, L. 2007.
Structure Montana Code Annotated
Chapter 8. Acquisition, Transfer, and Management of Property and Buildings
Part 23. Sale of Tax-Deed Land
7-8-2301. Disposal of county tax-deed land
7-8-2302. Notice of disposal of tax-deed lands
7-8-2303. Repurchase rights of taxpayer or successors
7-8-2304. Terms for sale of tax-deed land
7-8-2305. Deed of conveyance -- reservation of mineral royalty
7-8-2306. Distribution of sale and lease proceeds