Montana HB465 revises lien laws, requiring notice for lien foreclosure actions and discharging liens after 2 years.

Montana HB465 revises laws relating to actions to foreclose a lien. It mandates that anyone filing an action against a contracting owner must submit a notice of action to foreclose the lien with the clerk and recorder within 90 days of the expiration of the 2-year limitation period. The notice must include the parties involved, the court location, and the complaint filing date, with a copy of the complaint attached. Failure to file the notice within the specified timeframe results in the discharge of the lien.

Montana HB465 revises lien laws, requiring notice for lien foreclosure actions and discharging liens after 2 years.

Montana HB465 revises laws relating to actions to foreclose a lien. It mandates that anyone filing an action against a contracting owner must submit a notice of action to foreclose the lien with the clerk and recorder within 90 days of the expiration of the 2-year limitation period. The notice must include the parties involved, the court location, and the complaint filing date, with a copy of the complaint attached. Failure to file the notice within the specified timeframe results in the discharge of the lien.