Montana Code > Title 70 > Chapter 16 > Part 7 – Montana Mold Disclosure Act
Current as of: 2023 | Check for updates
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Other versions
§ 70-16-701 | Short title |
§ 70-16-702 | Definitions |
§ 70-16-703 | Mold disclosure statement on real estate documents — disclosure of prior testing — immunity from liability |
Terms Used In Montana Code > Title 70 > Chapter 16 > Part 7 - Montana Mold Disclosure Act
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Mold: means any mold, fungus, mildew, or spores. See Montana Code 70-16-702
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Property: means real and personal property. See Montana Code 1-1-205
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201