Contracts
In Montana, a 'notice to perform' or 'demand to perform' in a real estate transaction gives the defaulting party:
AA final demand from the court
BA formal notification that they are in default and have a limited time to perform their contractual obligations before the other party exercises their remedies✓ Correct
C30 days to renegotiate the contract terms
DThe right to cancel without penalty
Explanation
A notice to perform (or demand to perform) formally notifies the defaulting party of their default and sets a short deadline (often 24-72 hours) to cure the default before the other party may cancel the contract and pursue remedies.
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