Montana License Law
Montana's 'statute of limitations' for civil lawsuits against real estate licensees for fraud or misrepresentation is generally:
A1 year from the date of the transaction
B2 years from discovery of the fraud, or 3-5 years depending on the specific claim type✓ Correct
C10 years from the date of the transaction
D30 days from closing
Explanation
Montana's statutes of limitations for civil actions (fraud, misrepresentation) typically range from 2-5 years depending on the specific theory of liability, and may run from the date of discovery of the fraud rather than the date of the transaction.
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