Finance
Montana's 'homestead exemption' protects a portion of a homeowner's equity from certain creditors. In Montana, the homestead exemption amount is:
A$50,000
B$100,000
C$250,000✓ Correct
D$350,000
Explanation
Montana's homestead exemption (MCA 70-32-104) protects up to $250,000 of equity in a primary residence from execution by judgment creditors. The property must be declared a homestead.
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