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Short Term Rental FAQs for Billings, Montana.

How restricted are short term rentals in Billings?

Light Restrictions

Does Billings,Montana have any regulations for short term rentals?

Tax agreement in place

Does Airbnb automatically remit taxes for short term rentals in Billings?

Currently, Airbnb is collecting and remitting taxes on behalf of the host.

What are the city taxes for Billings

Montana State FAQs

Is Montana a judicial or non-judicial state?


In a non-judicial foreclosure state, the lender does not need to go through the court system in order to foreclose on a property. This process can be quicker and less expensive for the lender compared to a judicial foreclosure.

As a real estate investor, it is important to understand the differences between judicial and non-judicial states because it can affect the amount of time and money it takes to foreclose on a property. It can also impact the availability of properties that are being foreclosed on and the process of purchasing those properties.

What is the process of closing on a property in Montana?

Real estate closings are handled through escrow. Conveyance is by warranty deed, corporate deed, or grant deed. Mortgages, deeds of trust, and unrecorded contracts of sale are the security instruments. Mortgages require judicial foreclosure, and there’s a 6-12-month redemption period following sale. Foreclosure on deeds of trust involves filing a notice of default and then holding a trustee sale 120 days later. Montanans use ALTA policies and endorsements. Buyers and sellers split the escrow and closing costs; sellers usually pay for the title insurance policies. There are no documentary, mortgage, or transfer taxes. Montanans may pay their property taxes annually by November 30th or semi-annually by November 30th and May 31st.

Property Taxes in Montana?

Due annually by November 30th or semi-annually on November 30th and May 31st

In Montana, does a property management company require a real estate broker's license?

NO. Property managers in Montana are not required to hold a broker's license. However, a separate property management license IS required to engage in property management activities in Montana. Licensing is defined by statute as: An act performed for compensation of any kind in the leasing, renting, subleasing, or other transfer of possession of real estate owned by another without transfer of the title to the real estateâ??

Are there any exceptions to the requirement that a property manager have a broker's license in Montana?

Yes, for example, certain relatives of the owner of real estate are exempt from the licensure requirement. For more information about these and other Montana property management requirements and exceptions, please contact the Montana Board of Realty Regulation. Before hiring a property manager to manage your Montana rental property, you should always check that he or she is licensed appropriately. You can check the license status of Montana property managers at the Montana Department of Labor and Industry's Professional and Occupational Licensing System.

Do you need a broker's license to manage community associations in Montana?

A broker's license is not required to manage community associations or condo associations in Montana.

Real Estate Broker Requirements

Real Estate Salesperson Requirements

How do property ownership transfers work in ?

Warranty deed, corporate deed, or grant deed.

Sustainability Resources

The Real Estate industry is one of the most environmentally damaging industries in the world accounting for:
of total carbon dioxide
of all energy
of all raw materials
Our goal is to give you the resources you need to take sustainable action in improving, building, retrofitting and revamping your home. The impacts are real, the benefits significant, and the need critical. Join us in bringing sustainability home and creating a brighter future for all, starting with you.

Save money and do the world a favor!
Here's a list of Sustainability Initiatives in the area:

National Farmers Market Directory

This is a National Farmers Market Search Tool. Use this link to find farmers markets near you or find one while traveling!

37 DIY Rainwater Harvesting Systems

DYI Rainwater Harvesting System set up ideas and instructions.

Paint Drop-Off Locations - PaintCare Inc.

PaintCare makes it easy to recycle leftover, unwanted paint. PaintCare operatespaint stewardship programs on behalf of paint manufacturers in states that have passed paint stewardship laws.