70-15-206. Freehold estates -- chattels real -- chattel interests. Estates of inheritance and for life are called estates of freehold; estates for years and estates embraced by the provisions of 70-15-202(4) are chattels real; and estates at will are chattel interests but are not liable as such to sale on execution.
History: En. Sec. 1214, Civ. C. 1895; re-en. Sec. 4485, Rev. C. 1907; re-en. Sec. 6727, R.C.M. 1921; Cal. Civ. C. Sec. 765; Field Civ. C. Sec. 222; amd. Sec. 1, Ch. 49, L. 1931; re-en. Sec. 6727, R.C.M. 1935; R.C.M. 1947, 67-506.
Structure Montana Code Annotated
Chapter 15. Definitions and Kinds of Estates in Real Property
Part 2. Classification of Interests in Real Property
70-15-201. Application of classifications
70-15-202. Enumeration of estates
70-15-204. Estates tail abolished -- considered fee simple
70-15-205. Remainder limited upon fee tail valid -- vesting
70-15-206. Freehold estates -- chattels real -- chattel interests
70-15-207. Estate for life of third person -- freehold
70-15-208. Term of years -- suspension of absolute ownership
70-15-209. Future estate -- right of possession at future day
70-15-212. Future and contingent estates -- how created
70-15-213. Remainder upon a contingency
70-15-214. Remainder not upon a contingency -- when to take effect
70-15-215. Remainder to heirs of tenant for life -- effect of
70-15-216. When vesting of future estate not prevented by power of appointment