This document is a commercial sales verification form used by the Montana Department of Revenue to verify property sale information. It requests details about a specific sale such as the sale price, financing terms, taxes/assessments included, and whether any property changes occurred since the sale. The form provides contact information for the Department of Revenue and states that the information will be kept confidential. It will be used to verify property records and ensure accurate market valuations. Respondents are asked to return the completed form within 10 days.
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gov revenue formsandresources forms AB60C
1. MONTANA
Commercial Sales Verification Form AB-60C
3-04
Geocode
Assessor Code
Property Address
Legal Description:
Subd/Blk/Lot
Sec/Twp/Rge
Sale Mo/Year
Nbhd-Code
The Department of Revenue shares Montana taxpayers' concerns about fair and equitable valuation of all property statewide. An important
component of determining accurate market values is an analysis of property sales. This practice is consistent with the same technique used by
fee appraisers.
We want to ensure that our information about the property sale referenced above is correct. Please assist us by completing this questionnaire
and returning it to us within ten (10) days using the envelope provided. This information will be considered confidential.
An appraiser from our office will visit your property to verify property record data and sales information. If you have any questions, please call your
local Department of Revenue office at (406) _________, or visit the local office at ________________________________________.
Questionnaire
Description of the Sale
1. Total Sale Price $__________________Date of Sale __________________Cash Down Payment $_________________
Note: This question is to help determine if the financing method affected the sale price and to confirm the
sale price reported on the Realty Transfer Certificate.
! Financing
Amount $ _________________ Interest Rate _________________ Term _______________________
Amount $ _________________ Interest Rate _________________ Term________________________
Other Consideration(s)___________________________________________________________________
If the buyer assumed any unpaid taxes or assessments, please identify them. Indicate the amounts
involved and indicate whether they are included in the total sale price or are excluded.
Description __________________________________________ Amount $ _________________________
Included ____________________________________________ Excluded _________________________
! Conventional Loan ! Contract for Deed ! SBA Loan
! Source of Financing:
Other (specify)__________________________________________________________________________
Was a trade of property involved in this sale? ! Yes ! No
!
If yes, please explain: _______________________________________Estimated Value $ ______________
! Describe any business equipment/inventory included in the total sales price and give an estimate of their
value.
Description ______________________________________________Estimated Value $ _______________
! Describe any licenses included in this transfer: __________________________Value $ _______________
! Yes ! No
! Was any portion of the sale price attributed to good will? Amount $ _________________
! Yes ! No
Is this sale part of a merger?
! Yes ! No
Is this sale between related businesses?
! Yes ! No
Is this sale between business partners?
2. What portion of the property is rented? ______________________________________________________________
! Yes ! No If yes, please explain: ___________________________
3. Was the seller forced to sell this property?
4. Have any changes (e.g. additions, remodeling, new structures, damage) occurred to the property since this sale?
! Yes ! No If yes, please indicate the changes: ________________________________________________
This questionnaire was completed by: _____________________________________________________________
Daytime Phone No.: __________________________ (Please print)
Signature: ___________________________________________________________Date: ___________________
For Office Use Only
Name of Person Contacted: ____________________________________________Date: _____________________
! On-site Visit ! Phone ! Mail
Person Contacted by What Means:
Signature of Verifier: ___________________________________________________Date:_____________________
! Valid ! Invalid
Determination of Sale: Give Reason: ___________________________________________
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