Property Ownership
In Montana, a 'leasehold estate' gives the tenant the right to:
AFee simple ownership during the lease term
BExclusive possession and use of the property for the term of the lease, subject to lease terms✓ Correct
CTransfer full ownership rights to a third party
DEncumber the property with their own mortgage
Explanation
A leasehold estate in Montana gives the tenant the right to exclusively possess and use the leased property for the lease term, subject to the terms and conditions of the lease. Unlike a fee simple owner, a tenant's interest is temporary and limited by the lease agreement.
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