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

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PDF FORM 488 RTC REVISED 01 13 REALTY TRANSFER CERTIFICATEFREE form 488 rtc revised 01 13 realty transfer certificate free Free access for form 488 rtc revised 01 13 realty transfer certificate free.

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For convenience and simplicity in estate planning, Montana law allows for transfer on death deeds (TOD deeds)—a deed, executed and recorded during the lifetime of the grantor(s), which allows real property to pass to the designated beneficiaries outside of probate.

Montana does NOT have a Real Estate Transfer tax; you only need to file a Realty Transfer Certificate. “Transfer” includes sales, exchanges, gifts, inheritances or any other transaction where the property changes ownership.

Montana has relatively low taxes on residential real estate. The state's average effective property tax rate is 0.74%, lower than the national average of 0.99%.

A Montana quitclaim deed provides no warranty of title. The new owner receives whatever lawful interest the current owner has in the property with no guarantee as to the interest's status or validity. The current owner does not promise that the title is clear or that he or she has a legitimate interest to transfer.

While Montana does tax capital gains, the state offers the capital gain tax credit to offset the cost. The credit is equal to 2% of all net capital gains listed on your Montana income tax return. In effect, that lowers the top capital gains tax rate in Montana from 6.9% to 4.9%.

Montana's tax rate for a statewide sales tax is limited to 4 percent in the state constitution.

Montana Deed Requirements Paper, Ink, and Font Size. A Montana deed must be printed on white paper that is either letter size (8½ × 11 inches) or legal size (8½ × 14 inches). ... Margins. ... Current Owner and New Owner Information. ... Return Address. ... Property Description. ... Vesting Clause. ... Consideration. ... Co-ownership Form.

Montana does not have an estate tax. Montanans may still have to pay the federal estate tax, though, if the value of their estate is high enough.

Montana is one of five U.S. states that requires no monetary fee for transfer taxes, so you're in luck when closing on a property in the state. While bills have been introduced several times in the last few decades to propose changes to the tax law, none have passed.

Montana does NOT have a Real Estate Transfer tax; you only need to file a Realty Transfer Certificate. “Transfer” includes sales, exchanges, gifts, inheritances or any other transaction where the property changes ownership.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232