Mccone County Gift Deed Forms (Montana)
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Form Package
Gift Deed
State
Montana
Area
Mccone County
Price
$27.97
Delivery
Immediate Download
Payment Information
Included Forms
All Mccone County specific forms and documents listed below are included in your immediate download package:
Gift Deed Form
Fill in the blank form formatted to comply with all recording and content requirements.
Included document last reviewed/updated 3/20/2024
Gift Deed Guide
Line by line guide explaining every blank on the form.
Included document last reviewed/updated 4/10/2024
Completed Example of the Gift Deed Document
Example of a properly completed form for reference.
Included document last reviewed/updated 2/23/2024
Included Supplemental Documents
The following Montana and Mccone County supplemental forms are included as a courtesy with your order.
Frequently Asked Questions:
How long does it take to get my forms?
Forms are available immediately after submitting payment.
What are supplemental forms?
Often when a deed is recorded, additional documents are required by Montana or Mccone County. These could be tax related, informational, or even as simple as a coversheet. Supplemental forms are provided for free with your order where available.
How do I get my forms, are they emailed?
Forms are NOT emailed to you. Immediately after you submit payment, the Mccone County forms you order will be available for download directly from your account. You can then download the forms to your computer. If you do not already have an account, one will be created for you as part of the order process, and your login details will be sent to you. If you encounter any issues accessing your forms, please reach out to our support team for assistance.
What type of files are the forms?
All of our Mccone County Gift Deed forms are PDFs. You will need to have or get Adobe Reader to use our forms. Adobe Reader is free software that most computers already have installed.
Can the Gift Deed forms be re-used?
Yes. You can re-use the forms for your personal use. For example, if you have more than one property in Mccone County that you need to transfer you would only need to order our forms once for all of your properties in Mccone County.
Are these forms guaranteed to be recordable in Mccone County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Mccone County including margin requirements, content requirements, font and font size requirements.
Do I have to enter all of my property information online?
No. The blank forms are downloaded to your computer and you fill them out there, at your convenience.
Can I save the completed form, email it to someone?
Yes, you can save your deed form at any point with your information in it. The forms can also be emailed, blank or complete, as attachments.
Do I need any special software to use these forms?
You will need to have Adobe Reader installed on your computer to use our forms. Adobe Reader is free software that most computers already have installed.
Are there any recurring fees involved?
No. Nothing to cancel, no memberships, no recurring fees.
Areas Covered by These Gift Deed Forms:
- Mccone County
Including:
- Brockway
- Circle
- Vida
What is the Montana Gift Deed
Gifts of Real Property in Montana
A gift deed, or deed of gift, is a legal document voluntarily transferring title to real property from one party (the grantor or donor) to another (the grantee or donee). A gift deed typically transfers real property between family or close friends. Gift deeds are also used to donate to a non-profit organization or charity. The deed serves as proof that the transfer is indeed a gift and without consideration (any conditions or form of compensation).
Valid deeds must meet the following requirements: The grantor must intend to make a present gift of the property, the grantor must deliver the property to the grantee, and the grantee must accept the gift. Gift deeds must contain language that explicitly states no consideration is expected or required, because any ambiguity or reference to consideration can make the deed contestable in court. A promise to transfer ownership in the future is not a gift, and any deed that does not immediately transfer the interest in the property, or meet any of the aforementioned requirements, can be revoked [1].
A lawful gift deed must also include the grantor's full name and marital status, as well as the grantee's full name, marital status, mailing address, and vesting. Vesting describes how the grantee holds title to the property. For Montana residential property, the primary methods for holding title are tenancy in common and joint tenancy. A grant of ownership of real estate to two or more persons is presumed to create a tenancy in common, unless otherwise stated in the conveyance (Mont. Code Ann. 70-1-307, 70-1-314).
As with any conveyance of real estate, a gift deed requires a complete legal description of the parcel. Recite the source of title to establish a clear chain of title, and detail any restrictions associated with the property. Any party transferring real property is required to file a Realty Transfer Certificate. File the form with the County Clerk and Recorder. Montana law requires this form be completed and may impose up to a $500 penalty for failure to file (Mont. Code Ann. 15-7-305). The Realty Transfer Certificate includes a Water Rights Disclosure. Contact the Montana Department of Revenue with questions regarding the transfer, division, or exemption of water rights. Record the completed deed at the local County Clerk and Recorder of Deed's office.
The IRS implements a Federal Gift Tax on any transfer of property from one individual to another with no consideration, or consideration that is less than the full market value. Gifts of real property in Montana are subject to this federal gift tax. In accordance with federal law, individuals are permitted an annual exclusion of $15,000 on gifts. This means that gifts valued below $15,000 do not require a federal gift tax return (Form 709). Even so, grantors should consider filing one for many gifts of real property [2]. The grantor is responsible for paying the federal gift tax; however, if the grantor does not pay the gift tax, the grantee will be held liable [1].
In Montana, there is no state gift tax. For questions regarding state taxation laws, consult a tax specialist.
With gifts of real property, the recipient of the gift (grantee) is not required to declare the amount of the gift as income, but if the property accrues income after the transaction, the recipient is responsible for paying the requisite state and federal income taxes [3].
This article is provided for informational purposes only and is not a substitute for the advice of an attorney. Contact a lawyer with any questions about gift deeds or other issues related to the transfer of real property. For questions regarding federal and state taxation laws, consult a tax specialist.
[1] https://nationalparalegal.edu/public_documents/courseware_asp_files/realProperty/PersonalProperty/InterVivosGifts.asp
[2] http://msuextension.org/publications/FamilyFinancialManagement/MT199105HR.pdf
[3] https://www.irs.gov/businesses/small-businesses-self-employed/frequently-asked-questions-on-gift-taxes
(Montana GD Package includes form, guidelines, and completed example)
Our Promise
The documents you receive here will meet, or exceed, the Mccone County recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.
Save Time and Money
Get your Mccone County Gift Deed form done right the first time with Deeds.com Uniform Conveyancing Blanks. At Deeds.com, we understand that your time and money are valuable resources, and we don't want you to face a penalty fee or rejection imposed by a county recorder for submitting nonstandard documents. We constantly review and update our forms to meet rapidly changing state and county recording requirements for roughly 3,500 counties and local jurisdictions.
Reviews
4.8 out of 5 (4324 Reviews)
Michael L.
April 25th, 2024
Professional, simple. Very good.
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Barbara A.
April 25th, 2024
Always helpful!\r\n
We are thankful for your continued support and feedback, which inspire us to continuously improve. Thank you..
Mark E.
April 25th, 2024
This was easy to use and only contained one glaring error-where to send the completed form to finish the process. I’ve completed the form, does this mean I get the amended deed sent to me? I think not.
Your insights are invaluable to us and help us strive for better service. Thank you for taking the time to share your thoughts.
Renu A.
September 30th, 2020
The service was very reliable and they even helped with filling out the paperwork properly. Very quick turn around and efficient!
Thank you!
Brad T.
November 9th, 2019
I didn't spend a lot of time there but seems to be a good site with a valuable service.
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ronnie y.
May 22nd, 2019
well worth the money thank you
Thank you!
Dennis S.
November 8th, 2020
Simple quitclaim form, worked perfectly for my area.
Thank you!
Rita M.
January 12th, 2019
I have not received the deed via email. That is what I was expecting.
Let me know if I am incorrect in my thinking.
Thanks for reaching out. While we do send some email notifications, we do not email documents. All orders are available via your account. You can log into your account from the menu button at the top left of most pages on the website.
Crystal W.
October 19th, 2022
This is the easiest process.
Thank you for your feedback. We really appreciate it. Have a great day!
Rebecca H.
May 22nd, 2021
I thought the forms were reasonably priced, the instructions included in the packet were thorough, and the examples helpful. Thank you for the additional CDR forms too. I contacted the Recorder's office via email with a question and Jennifer Bowser answered promptly. Job well done! However, when I delivered the deed and Real Property Transfer Declaration to the Clerk's office in Lafayette, the clerk was unfamiliar with the Declaration document being submitted and it took some time to convince her to submit the form without charging the recording fee. She even tried to phone the recorder's office for clarification, but no one answered. There then was an additional form at that office that I had to complete called Recording Request/Transmittal Form. I would suggest including that form with instructions in your on-line packet to speed up the process when a Deed is delivered to the County Clerk's satellite office. I do not expect every clerk to know all the particulars of recording requirements but a little knowledge wouldn't hurt.
Thank you for your feedback. We really appreciate it. Have a great day!
Mark M.
October 20th, 2022
Quick, easy everything that i was looking for and then some.
Thank you for your feedback. We really appreciate it. Have a great day!
SHERRI B.
December 14th, 2021
World class forms and service. Downloaded and prepared the deed in minutes. Used the recording service (digital), so convenient.
Thank you for the kind words Sherri. Have an amazing day!
Kerianne B.
June 25th, 2021
I would definitely recommend Deeds.com. It was so easy! I wish we knew about them a long time ago.
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Hal M.
September 23rd, 2022
Very good, and easy and fast to use.
Thank you!
Nola B.
May 18th, 2021
I like the form except the title should be ENHANCED LIFE ESTATE DEED and not Quit Claim Deed
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