Montana does not impose a state, county, or city tax on the sale or transfer of real property. A realty transfer certificate must be filed with the county clerk and recorder when the deed is recorded. The Montana Department of Revenue uses the certificate to update ownership records and gather sale information for property appraisals.
The certificate asks whether water rights go with the property. If the property has its own water right and it transfers, the state’s water-right ownership records must also be updated; that update is not needed when the property is served by a public water supply. Check whether your property has a separate water right and whether it is part of the sale.
When you sell to us, we pay the closing costs. This does not pay your mortgage, liens, back taxes, or your share of current property taxes.
Official sources: Montana Constitution, Article VIII, Section 17 ↗; Montana Department of Revenue, Realty Transfer Certificates ↗; and Montana Code § 85-2-424, water-right ownership updates ↗.