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MTLast updated: 2026-01
Montana Regulations
Comprehensive guide to seller financing laws, usury limits, and disclosure requirements in Montana.
Maximum Interest Rate
15%
Business exemptions may apply
Usury Laws
Interest rate limits and penalties
Maximum Rate
15%
Penalty Type
Forfeiture of interest
Notes
General limit is 15% or 6% above NY Fed discount rate.
Business Exemption
Business loans and loans over certain amounts are exempt.
Seller Financing Requirements
Disclosures, licensing, and restrictions
Required Disclosures
- Seller Property Disclosure Statement (residential)
- Lead-based paint disclosure (pre-1978)
Licensing Required
No license required
No license required for seller financing own property.
Consumer Protection
Applicable laws protecting buyers
- Montana Consumer Protection Act
Real Estate Specifics
Foreclosure process and property laws
- Both mortgage and Deed of Trust used
- Non-judicial foreclosure (Small Tract Financing Act)
- No statutory redemption after non-judicial foreclosure
Legal Disclaimer
This information about Montana regulations is provided for educational purposes only and does not constitute legal or tax advice. Laws change frequently and vary by county and municipality. Always verify current regulations with a licensed Montana attorney before entering into any seller financing arrangement.