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Montana · CondominiumsMontana condo resale: the documents a buyer can ask for, the 72-hour withdrawal and the manager's statement

Montana's Unit Ownership Act gives a condominium buyer three protections. On the request of anyone purchasing or wanting to purchase a unit, the seller or the seller's agent must furnish, before any buy-sell agreement is signed, a copy of the Unit Ownership Act, the association's bylaws and any administrative regulations governing the project or association (MCA 70-23-613(2)), and every buy-sell agreement must provide that it is not effective until 72 hours after the buyer receives those documents, during which the buyer may withdraw the offer without penalty (70-23-613(3)). If a person or entity holds a majority of the unit owners' interests, the seller or agent must first tell the buyer so, and that bylaws and regulations were adopted, and can be changed only, with that majority's approval (70-23-613(1)). In a voluntary conveyance the buyer is jointly liable for the seller's unpaid common expense charges, but on request of a prospective buyer the manager must deliver a statement of the unpaid charges, and neither the buyer nor the unit is liable for any amount beyond it (70-23-611). The statute sets no fee for the statement.

What the statutes set

  1. Documents (70-23-613(2))

    Unit Ownership Act, bylaws and regulations on request, before the buy-sell agreement.

  2. 72 hours (70-23-613(3))

    Agreement effective only 72 hours after receipt; buyer may withdraw without penalty.

  3. Majority owner (70-23-613(1))

    Notice that one owner controls the bylaws and regulations.

  4. Statement (70-23-611)

    Manager's statement of unpaid charges caps the buyer's liability.

What the TC does on a Montana condo sale

  • Ask whether the buyer requested the documents – the 72-hour clock runs from receipt.
  • Request the manager's statement of unpaid charges and use it for the payoff.
  • Check for a majority-owner notice in a project still controlled by the developer or another owner.

Questions about Montana condo resales

Can a Montana condo buyer back out after reviewing the bylaws?

Yes. The buy-sell agreement is not effective until 72 hours after the buyer receives the requested documents, and the buyer may withdraw without penalty during that time (MCA 70-23-613(3)).

Is a Montana condo buyer liable for the seller's unpaid dues?

Jointly with the seller, but not beyond the amount in the manager's statement given on the buyer's request (MCA 70-23-611).

Related guides

Track the document delivery and the 72-hour window as tasks on the deal in ClosingCode.

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Sources: MCA 70-23-611, 70-23-613 (mca.legmt.gov), read November 1, 2026.

General information, not legal advice. ClosingCode is software; it is not a law firm or brokerage. This guide is not a substitute for the advice or services of an attorney.