Montana Code 70-16-103. Duties of life tenant
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70-16-103. Duties of life tenant. The owner of a life estate must keep the buildings and fences in repair from ordinary waste and must pay the taxes and other annual charges and a just proportion of extraordinary assessments benefiting the whole inheritance.
Terms Used In Montana Code 70-16-103
- Life estate: A property interest limited in duration to the life of the individual holding the interest (life tenant).