Get Form 488 (rtc) - Montana Department Of Revenue - Revenue Mt

This guide provides clear instructions on how to successfully complete the Form 488, a key document for transferring real estate in Montana. By following these steps, you can efficiently navigate the online filing process, ensuring all required information is accurately submitted.

Follow the steps to complete the Form 488 (RTC) online.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Enter the date of transfer in Part 1. This should reflect the date when the instrument or deed was signed by both the seller and buyer.
3. In Part 2, list the names of the seller (grantor) and buyer (grantee) as they appear on the transferring document. Include current mailing addresses and indicate if the property has been or will be the principal residence.
4. For each party, provide the last four digits of the Social Security Number (SSN) or Federal Employer Identification Number (FEIN). Also, include daytime phone numbers.
5. In Part 3, add the legal description of the property being transferred. Specify the parcel location and any relevant attachments.
6. Complete Part 4 to describe the type of transfer. Select all applicable options such as sale, gift, or transfer by operation of law.
7. If applicable, indicate any exceptions from providing sales price information in Part 5.
8. In Part 6, if no exceptions apply, enter the total sale price of the property, detailing financing options selected, and provide values for any personal property included in the sale.
9. Complete Part 7 by checking the appropriate box regarding water rights disclosure.
10. Fill out Part 8 with the preparer’s information, including signature, date, and contact details. Ensure all parties to the transaction review and sign the form.
11. Finally, save your completed form. You can download, print, or share it as needed.

Complete your Form 488 online efficiently to ensure your real estate transfer is properly documented.