Valuation

Valuing Contract for Deed 

Marriage of O’Neil 277 Mont. 13, 917 P.2d 916 (1996)

Here the parties sold a bar on a contract for deed. District Court valued the contract by simply multiplying the number of payments due (192) times the monthly payment. 277 Mont 13.doc - multiplying_monthly_payments. The Supreme Court held that to be error. The remaining principal balance on a contract is acceptable value to use, but not the future interest and fees. 277 Mont 13.doc - remaining_balance 

O'Neil v. O'Neil, 917 P.2d 916, 277 Mont. 13 (Mont. 1996)