70-23-401. Property status of the unit. While the property is submitted to this chapter, a unit in the building may be individually conveyed, leased, or encumbered and may be the subject of ownership, possession, or sale and of all types of juridic acts inter vivos or mortis causa as if it were sole and entirely independent of the other units in the building of which they form a part, and the corresponding individual titles and interests shall be recordable.
History: En. Sec. 4, Ch. 120, L. 1965; amd. Sec. 9, Ch. 150, L. 1973; R.C.M. 1947, 67-2304.
Structure Montana Code Annotated
Chapter 23. Unit Ownership Act -- Condominiums
Part 4. Nature of the Ownership Interest
70-23-401. Property status of the unit
70-23-402. Exclusive ownership and possession of unit -- joint ownership
70-23-403. Common elements -- undivided interest of unit owner
70-23-404. Common elements -- undivided interest to remain attached to unit
70-23-405. Common elements to remain undivided -- partition prohibited