Escrow & Title
In Montana, a 'trustee's deed' issued at a foreclosure sale conveys title to the:
AOriginal borrower (trustor)
BHighest bidder at the foreclosure sale✓ Correct
CLender (beneficiary) automatically
DCounty government for unpaid taxes
Explanation
At a non-judicial foreclosure sale in Montana, the trustee issues a trustee's deed conveying title to the highest bidder at the auction. If no one bids higher, the lender (beneficiary) typically receives the deed.
Related Montana Escrow & Title Questions
- Montana does NOT impose a state real estate transfer tax. This means:
- In Montana, the most common method of holding title for a married couple is:
- In Montana, the 'closing' or 'settlement' of a real estate transaction involves:
- In Montana, a 'release of earnest money' dispute between buyer and seller requires the broker to:
- A 'deed in lieu of foreclosure' in Montana means that:
- In Montana, 'prorated' property taxes at closing appear on the Closing Disclosure as:
- In Montana, a 'title plant' maintained by a title company is:
- A title search in Montana is conducted to:
Practice More Montana Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Montana Quiz →