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.
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