Montana Code 70-20-311. Grant on condition subsequent
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70-20-311. Grant on condition subsequent. When a grant is made upon condition subsequent and is subsequently defeated by the nonperformance of the condition, the person otherwise entitled to hold under the grant shall reconvey the property to the grantor or the grantor’s successors by grant duly acknowledged for the record.
Terms Used In Montana Code 70-20-311
- Grantor: The person who establishes a trust and places property into it.
- Person: includes a corporation or other entity as well as a natural person. See Montana Code 1-1-201
- Property: means real and personal property. See Montana Code 1-1-205