Montana SB502 restricts investment firms from purchasing single-family homes listed for sale within 45 days.
Montana SB502 revises laws to prevent investment firms from entering into contracts to purchase single-family homes listed for sale before the 45th day after listing. If an investment firm violates this restriction, the contract is voidable by the seller before full execution. The bill also includes a saving clause to ensure it does not affect pre-existing rights, penalties, or proceedings.
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