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Montana Code Annotated — Title 15 (Taxation)

Mont. Code Ann. § 15-8-307

Land Assessment

Official textleg.mt.gov

15-8-307 . Land assessment.

# (1)

Except as provided in subsection (2), land must be assessed in parcels or subdivisions not exceeding 640 acres, and tracts of land containing more than 640 acres that have been sectionized by the United States government must be assessed by sections or fractions of sections.

# (2)

If the department receives the written consent of all persons with an ownership interest, the department may assess multiple parcels or tracts of land with common ownership collectively as a single tract of land.

# (3)

The department shall itemize in the property tax record the description of each 640 acres of land or less, the number of acres, the description, the value of the land, the value of improvements, and the total value. The property tax record must itemize the description of each town or city lot and the value of the lot and any improvements on the lot, except that a lot and improvements must be separately assessed when required under 15-8-111 . If all of the unimproved lots of the same value are located in one block or are owned by the same party, the lots may be described and assessed in a single unit in the manner prescribed for each lot. Each parcel and lot must be segregated in the property tax record to correlate the description of the parcel or lot to the total value of the parcel or lot and any improvements on the parcel or lot.

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In this chapter (40 sections)
  1. 15-8-106 · Repealed
  2. 15-8-107 · Through 15-8-110 Reserved
  3. 15-8-111 · Appraisal -- Market Value Standard -- Exceptions
  4. 15-8-112 · Assessments To Be Made On Classification And Appraisal
  5. 15-8-113 · Appeal From Percentage Assignment
  6. 15-8-114 · Repealed
  7. 15-8-115 · Department To Defend Property Tax Appeals -- Costs And…
  8. 15-8-116 · Through 15-8-119 Reserved
  9. 15-8-120 · Restricted Access To Income And Expense Information…
  10. 15-8-201 · General Assessment Day
  11. 15-8-202 · Motor Vehicle Assessment By Department Of Justice
  12. 15-8-203 · Repealed
  13. 15-8-204 · Supplemental Assessment
  14. 15-8-205 · Initial Assessment Of Class Four Trailer, Manufactured Home,…
  15. 15-8-301 · Statement -- What To Contain
  16. 15-8-302 · Repealed
  17. 15-8-303 · Statement To Be Completed And Returned To Department
  18. 15-8-304 · Enforcement Powers Of Department
  19. 15-8-305 · Repealed
  20. 15-8-306 · Property Concealed Or Misrepresented
  21. 15-8-307 · Land Assessment
  22. 15-8-308 · Assessment Not Illegal For Informality Or Delay
  23. 15-8-309 · Violation And Penalty
  24. 15-8-401 · Consigned Property
  25. 15-8-402 · Property Of Person
  26. 15-8-403 · Repealed
  27. 15-8-404 · Property Of Particular Types Of Firms
  28. 15-8-405 · Street Railroads, Bridges, And Ferries
  29. 15-8-406 · Assessment Of Public Utilities In One County
  30. 15-8-407 · Railroads
  31. 15-8-408 · Personal Property
  32. 15-8-409 · Property Not Otherwise Specified
  33. 15-8-501 · Assessment Of Unknown Or Absent Owners
  34. 15-8-502 · Representative Status To Be Designated
  35. 15-8-503 · Undistributed Property Of Deceased Persons
  36. 15-8-504 · Property And Money In Litigation
  37. 15-8-505 · Through 15-8-510 Reserved
  38. 15-8-511 · Undivided Interest In Common Elements Of Condominium Project…
  39. 15-8-512 · Common Elements Serving Residential Or Commercial Development
  40. 15-8-601 · Assessment Revision -- Conference For Review
Full table of contents →