Contracts
In a land contract (contract for deed) in Montana:
AThe buyer receives the deed at the time of signing
BThe seller retains legal title until the buyer completes all payments✓ Correct
CThe lender holds the deed in escrow until closing
DThe county holds title during the payment period
Explanation
In a land contract (contract for deed), the seller retains legal title to the property while the buyer has equitable title and possession. The deed transfers to the buyer only after all payments are completed.
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