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Posted: 1/28/2014 6:03:46 AM EDT
I was lookin at tax records trying to determine were a deceased relative's property was located In MT.  I noticed several of the surrounding properties are owned by two folks out of state and the properties were obtained by conversion. How does real estate conversion work?
Link Posted: 1/28/2014 6:22:37 AM EDT
[Last Edit: 1/28/2014 6:23:14 AM EDT by TontoGoldstein]
Real property cannot be converted.  Do you mean conveyance?

Would you please give more details as to what you actually mean?  I don't mean to be disrespectful at all.  I just don't understand the question.
Link Posted: 1/28/2014 6:32:42 AM EDT
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Originally Posted By TontoGoldstein:
Real property cannot be converted.  Do you mean conveyance?

Would you please give more details as to what you actually mean?  I don't mean to be disrespectful at all.  I just don't understand the question.
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Sure. The MT GIS website provides ownership information if you click on a location.  For Interest type on several of the properties it says "Conversion".  What does that mean?
Link Posted: 1/28/2014 6:41:16 AM EDT
[Last Edit: 1/28/2014 6:43:08 AM EDT by Zcwilkins]
Equitable conversion maybe? Not sure why they'd make that explicit in the ownership records.
Link Posted: 1/28/2014 6:45:19 AM EDT
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Originally Posted By Zcwilkins:
Equitable conversion maybe? Not sure why they'd make that explicit in the ownership records.
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Must be something peculiar to Montana.  As Zcwilkins explained in his link, conversion is a matter of personal property and not real property.  Why it would be recorded with title is puzzling, unless the conversion has become a cloud on title in the form of a lien.
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