GOOD DEEDS

Preserving existing homes for Big Sky residents

Good Deeds Application

Please review the three details below prior to applying as these are the main terms of all Good Deeds restrictions.

Name(Required)
Mailing Address(Required)
Big Sky property address you want to restrict?(Required)
All properties for Good Deeds must exist within the Big Sky Resort Area District.
All Good Deeds transactions require an independent property valuation, at applicant’s expense, prior to the final agreement. For purchase transactions, buyers may use the appraisal required for the title closing. For in-place offers, owners can use any appraisal less than six months old. Current property owners may apply for Good Deeds without an appraisal, but BSCHT will require one prior to making a final offer.
Please enter a number from 1 to 2000000.
All Good Deeds transactions require an independent property valuation, at applicant’s expense, prior to the final agreement. For purchase transactions, buyers may use the appraisal required for the title closing. For in-place offers, owners can use any appraisal less than six months old. Current property owners may apply for Good Deeds without an appraisal, but BSCHT will require one prior to making a final offer.
Drop files here or
Max. file size: 100 MB.
    BSCHT purchases deed restrictions from property owners for 10%-16% of the property’s appraised value. The program currently prioritizes Big Sky residents applying to deed restrict a new purchase, though it does fund in-place property owners as well. Deed restriction offers for property purchases average 15%-16%, while offers for in-place properties average 10%-12.5% of the property’s value.
    Please enter a number from 1 to 450000.
    Please enter a number from 1 to 5.
    Please enter a number from 1 to 5.
    MM slash DD slash YYYY
    BSCHT will not consider Good Deeds applications on a purchase without a preapproval letter. Please obtain this from your lender before applying for the program.
    Drop files here or
    Max. file size: 100 MB.
      Drop files here or
      Max. file size: 100 MB.
        BSCHT will not consider Good Deeds applications on an owner's existing property without proof of ownership. You can download a copy of your warranty deed from the Gallatin or Madison County Clerk-Recorder's office.
        Drop files here or
        Max. file size: 100 MB.
          BSCHT will not consider applications on an owner's existing property without knowledge of existing liens.
          Drop files here or
          Max. file size: 100 MB.
            Valid identification includes one of the following: driver's license, state-issued identification, passport, or military identification.
            Drop files here or
            Max. file size: 100 MB.
              Short-term rentals are not allowed on any portion of the property including spare bedrooms or accessory dwelling units. As per the deed restriction, "Owners shall not rent the Property to any person or persons for a term shorter than 30 days."
              Please note the TWO parts of the work requirement: (1) must work an average of 30 hours per week for a business physically located in Big Sky, AND (2) must earn at least 75% of his or her income from a business located in the Big Sky Resort Area District.
              Drop files here or
              Max. file size: 100 MB.
                One occupant must provide BSCHT with tax returns on an annual basis as proof that the property still meets the requirements of the deed restriction. If this occupant is a tenant, BSCHT recommends making the tax return part of your lease agreement.
                Please note the TWO parts of the work requirement: (1) must work an average of 30 hours per week for a business physically located in Big Sky, AND (2) must earn at least 75% of his or her income from a business located in the Big Sky Resort Area District.
                Drop files here or
                Max. file size: 100 MB.
                  This field is for validation purposes and should be left unchanged.

                  Contact Details

                  Office: (406) 995-3696

                  Email: info@bigskyhousingtrust.com

                  Address:
                  88 Ousel Falls Rd #A1, 2nd Floor
                  PO Box 160164
                  Big Sky, MT 59716

                  Subscribe to Newsletter

                  Subscribe For Updates

                  Join the Big Sky Housing Community Trust newsletter list, to receive the most recent news and opportunities.

                  Thanks for subscribing!