Terms Relating To Property And Decedents' Estates

Unless the context requires otherwise, the following definitions apply in the Montana Code Annotated: (1) "Personal property" means money, goods, chattels, things in action, and evidences of debt. (2) "Pledge", "mortgage", "conditional sale", "lien", "assignment", and like terms, when used in referring to a security interest in personal property, include a corresponding type of security interest under the Uniform Commercial Code--Secured Transactions. (3) "Property" means real and personal property. (4) "Real property" means lands, tenements, hereditaments, and possessory title to public lands. (5) "Will" includes codicils.