closing

Realty Transfer Certificate (RTC)

The form that must be completed when a Montana deed or contract for deed is recorded, declaring the consideration paid. The county clerk and recorder may not record the deed until the RTC is received (MCA 15-7-305), although a missing RTC does not invalidate the deed between the parties. Under MCA 15-7-308 the RTC is not a public record, so Montana is a non-disclosure state and sale prices are not public. The RTC also includes a water rights disclosure.