Montana Code Annotated
Part 3. Uniform Power of Attorney Act
72-31-339. Real property

72-31-339. Real property. Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to real property authorizes the agent to:
(1) demand, buy, lease, receive, accept as a gift or as security for an extension of credit, or otherwise acquire or reject an interest in real property or a right incident to real property;
(2) sell, exchange, convey, with or without covenants, representations, or warranties; quitclaim; release; surrender; retain title for security; encumber; partition; consent to partitioning; subject to an easement or covenant; subdivide; apply for zoning or other governmental permits; plat or consent to platting; develop; grant an option concerning; lease; sublease; contribute to an entity in exchange for an interest in that entity; or otherwise grant or dispose of an interest in real property or a right incident to real property;
(3) pledge or mortgage an interest in real property or right incident to real property as security to borrow money or pay, renew, or extend the time of payment of a debt of the principal or a debt guaranteed by the principal;
(4) release, assign, satisfy, or enforce, by litigation or otherwise, a mortgage, deed of trust, conditional sale contract, encumbrance, lien, or other claim to real property that exists or is asserted;
(5) manage or conserve an interest in real property or a right incident to real property, owned or claimed to be owned by the principal, including:
(a) insuring against a liability or casualty or other loss;
(b) obtaining or regaining possession or protecting the interest or right, by litigation or otherwise;
(c) paying, assessing, compromising, or contesting taxes or assessments, or applying for and receiving refunds in connection with them; and
(d) purchasing supplies, hiring assistance or labor, and making repairs or alterations in the real property;
(6) use, develop, alter, replace, remove, erect, or install structures or other improvements upon real property in or incident to which the principal has or claims to have an interest or right;
(7) participate in a reorganization with respect to real property or an entity that owns an interest in or right incident to real property and receive, hold, and act with respect to stocks and bonds or other property received in a plan of reorganization, including:
(a) selling or otherwise disposing of them;
(b) exercising or selling an option, right of conversion, or similar right with respect to them; and
(c) exercising any voting rights in person or by proxy;
(8) change the form of title of an interest in or right incident to real property; and
(9) dedicate to public use, with or without consideration, easements or other real property in which the principal has or claims to have an interest.
History: En. Sec. 2, Ch. 580, L. 1991; amd. Sec. 116, Ch. 494, L. 1993; Sec. 72-31-202, MCA 1991; redes. 72-31-224 by Code Commissioner, 1993; amd. Sec. 30, Ch. 109, L. 2011; Sec. 72-31-224, MCA 2009; redes. 72-31-339 by Code Commissioner, 2011.

Structure Montana Code Annotated

Montana Code Annotated

Title 72. Estates, Trusts, and Fiduciary Relationships

Chapter 31. Miscellaneous Provisions Relating to Fiduciaries

Part 3. Uniform Power of Attorney Act

72-31-301. Short title

72-31-302. Definitions

72-31-303. Applicability

72-31-304. Power of attorney is durable

72-31-305. Execution of power of attorney

72-31-306. Validity of power of attorney

72-31-307. Meaning and effect of power of attorney

72-31-308. Nomination of conservator or guardian -- relation of agent to court-appointed fiduciary

72-31-309. When power of attorney effective

72-31-310. Termination of power of attorney or agent's authority

72-31-311. through 72-31-315 reserved

72-31-316. Coagents or successor agents

72-31-317. Reimbursement and compensation of agent

72-31-318. Agent's acceptance

72-31-319. Agent's duties

72-31-320. Exoneration of agent

72-31-321. Judicial relief

72-31-322. Agent's liability

72-31-323. Agent's resignation -- notice

72-31-324. Acceptance of and reliance upon acknowledged power of attorney

72-31-325. Liability for refusal to accept acknowledged power of attorney

72-31-326. Principles of law and equity

72-31-327. Laws applicable to financial institutions and entities

72-31-328. Remedies under other law

72-31-329. through 72-31-335 reserved

72-31-336. Authority that requires specific grant -- grant of general authority

72-31-337. Incorporation of authority

72-31-338. Construction of authority generally

72-31-339. Real property

72-31-340. Tangible personal property

72-31-341. Stocks and bonds

72-31-342. Commodities and options

72-31-343. Banks and other financial institutions

72-31-344. Operation of entity or business

72-31-345. Insurance and annuities

72-31-346. Estates, trusts, and other beneficial interests

72-31-347. Claims and litigation

72-31-348. Personal and family maintenance

72-31-349. Benefits from governmental programs or civil or military service

72-31-350. Retirement plans

72-31-351. Taxes

72-31-352. Gifts

72-31-353. Statutory form power of attorney

72-31-354. Agent's certification

72-31-355. through 72-31-364 reserved

72-31-365. Uniformity of application and construction

72-31-366. Relation to Electronic Signatures in Global and National Commerce Act

72-31-367. Effect on existing powers of attorney