Senate Bill No. [insert bill number] aims to revise the cancellation of sale requirements for cabin and home site sales in Montana by amending Section 77-2-363 of the Montana Code Annotated (MCA). The bill stipulates that if the current lessee of the land has initiated the sale, they may cancel the sale by notifying the department at least 10 days before the auction. This change replaces the previous requirement that allowed cancellation only if no other bids had been placed. Additionally, the lessee is responsible for covering the costs incurred by the department for preparing the sale, including document preparation costs.

The bill also introduces provisions regarding the sale process, including the requirement for a bid bond and the handling of costs associated with the sale preparation. It specifies that for cabin or home site sales, the department will prepare and cover the cost of land surveys, with the option for the lessee or owner of improvements to pay for the survey in advance. The act is set to take effect immediately upon passage and will apply to proposed sales initiated on or after the effective date.

Statutes affected:
LC Text: 77-2-363
SB0500_1(1): 77-2-363
SB0500_1(2): 77-2-363
SB0500_1(3): 77-2-363
SB0500_1(4): 77-2-363
SB0500_1(5): 77-2-363
SB0500_1: 77-2-363