Montana Homes for Sale with No HOA Fee

• 

  

  

  /19

  $599,000

  • Land
  • 0 Sq Ft

  102 Hoffman Dr Unit 3,4,5,6,11,12,13,14, Bozeman, MT 59715

  Rare and unique infill opportunity near MSU, Museum of the Rockies, and Bozeman Health, in a highly sought after and established neighborhood to build additional condo units. Two Creeks Condos, first conceived in the early 80's, has up to 8 remaining units to be built on the site. Named for the two creeks located on the property, settings like this, in a location this amazing rarely hit the

  

  Mark Meissner

  ERA Landmark Real Estate

  102 Hoffman Dr Unit 3,4,5,6,11,12,13,14, Bozeman, MT 59715
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  /118

  $2,250,000

  • 3 Beds
  • 3.5 Baths
  • 4,055 Sq Ft

  909 Hamilton Heights Rd, Corvallis, MT 59828

  Montana Ranch/Farm & view property. This immaculate Corvallis property is well-maintained & has everything! Amazing views, creek, acreage, ideal & ready for your horses, cows, or critters! Irrigation & privacy with a nice, workable barn/tackshop, bunkroom, & good irrigated ground. 3 bedrooms ( + bonus room), 3.5 bathrooms, nice office, family room, large open & light kitchen, dining, fabulous &

  

  Bobbi Lockhart

  PureWest Real Estate - Hamilton

  909 Hamilton Heights Rd, Corvallis, MT 59828
• 

  

  

  /23

  $675,000

  • Land
  • 24.86 Acres
  • $27,152 per Acre

  1123 and 1145 Corvallis Hills Dr, Corvallis, MT 59828

  Breathtaking Big Sky Views! 24.86+/- acres directly off of paved roads. 30x30 Shop/Building with full concrete floor and power. Nearby, there is an additional concrete foundation poured for Home/Building. Lots of services already here including the Well, Septic System and Ravalli Electric to the site. Ready to build more and make it your own! Montana, the place to see double rainbows,

  

  Catherine Lindbeck

  Berkshire Hathaway HomeServices - Hamilton

  1123 and 1145 Corvallis Hills Dr, Corvallis, MT 59828
• 

  

  

  /31

  $4,375,000

  $500K PRICE DROP

  • Land
  • 23.9 Acres
  • $183,047 per Acre

  TBD Farmall Ln, Manhattan, MT 59741

  This 24 +/- acre parcel is more than land in the path of progress... progress is all around the land! Already PRE-APPROVED by the Town of Manhattan for 58 residential lots (4 of which are potential Duplex lots) and 8 commercial 1-acre parcels. The Town of Manhattan is currently upgrading their sewer plant to expand capacity. The Town’s plan is to complete engineering and prepare bid documents for

  

  Dianne Click

  Bozeman Brokers

  TBD Farmall Ln, Manhattan, MT 59741
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  /24

  $179,000

  • Land
  • 1.28 Acres
  • $139,844 per Acre

  Lot 2 Kestrel Dr, Superior, MT 59872

  Welcome to your own slice of paradise along the Clark Fork River in Superior, MT—just 45 minutes from Missoula. This exclusive 14-lot subdivision offers the ideal setting to build your dream home or establish a personal retreat where you can enjoy the best of Montana living. Whether you're seeking tranquility or adventure, this riverfront property delivers. Spend your days fishing, kayaking,

  

  Barbara Wimett-Creveling

  Berkshire Hathaway HomeServices - Missoula

  Lot 2 Kestrel Dr, Superior, MT 59872
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  /59

  $587,500

  $88K PRICE DROP

  • 2 Beds
  • 2.5 Baths
  • 2,032 Sq Ft

  185 Elk Run Dr, Rexford, MT 59930

  If views of snow capped mountains and green pastures, sounds appealing than this gorgeous real log home may be the one for you! A real gem nestled in the quiet West Kootenai community of NW Montana. The main home features a kitchen with beautiful blue pine cabinets, a cozy separate dining area with a view, and a living area with hand-chiseled carvings of Montana wildlife and a gas fireplace to

  

  Gideon Yutzy

  High Mountain Realty

  185 Elk Run Dr, Rexford, MT 59930
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  /43

  $895,000

  $454K PRICE DROP

  • Land
  • 160 Acres
  • $5,594 per Acre

  Rd, Anaconda, MT 59711

  Escape to your own private sanctuary in Montana's breathtaking wilderness. This extraordinary 160-acre estate, cradled by the National Forest, offers unmatched tranquility and limitless potential. Just a 10-minute drive from the charming town of Anaconda, this rare gem seamlessly blends serene country living with easy access to modern conveniences. A scenic, well-maintained road leads you up the

  

  Jason Mascari

  Montana Land Buyer Realty

  Rd, Anaconda, MT 59711
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  /3

  $279,900

  • Land
  • 1,306 Sq Ft
  • $9,330,000 per Acre

  Lot 6 7th Ave W, Polson, MT 59860

  If you have ever dreamed of owning property with access to Flathead Lake, now is your unique opportunity to purchase a townhome lot with a boat slip. Property offers access to Flathead River and Flathead Lake. *Short term/Vacation Rentals possible.

  

  Jen Clement

  Berkshire Hathaway HomeServices - Missoula

  Lot 6 7th Ave W, Polson, MT 59860
• 

  

  /43

  $2,500,000

  • Land
  • 44.68 Acres
  • $55,953 per Acre

  936 Montana 82, Somers, MT 59932

  Exceptional opportunity to own 44.68 acres of prime land located on Mt Hwy 82, just north of Flathead Lake. This rare versatile parcel offers breathtaking panoramic views, level topography, & unmatched development potential zoned Scenic Corridor. Key features include: Newly drilled 100 GPM well, PLUS access to the neighboring well with a shared well agreement for this property to access –

  

  Nan Wise

  P3 & Associates, Inc.

  936 Montana 82, Somers, MT 59932
• 

  

  /14

  $210,000

  $20K PRICE DROP

  • Land
  • 1.02 Acres
  • $205,882 per Acre

  3 Skunk Alley Ln, Hot Springs, MT 59845

  BRAND NEW SHARED WELL on this great wooded one acre lot. Well built, drywalled and insulated 28 ft X 32 ft double car garage, complete with a wood stove for heat and fully hooked up to power. Garage has a 14 ft x 10 ft overhang/lean-to. Perfect for building a home to compliment the garage or for RV use or even a mobile home as there are no covenants or restrictions. No septic but DEQ is already

  

  Charlie Scott

  HomeSmart Realty Partners

  3 Skunk Alley Ln, Hot Springs, MT 59845
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  /43

  $479,999

  $199K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,144 Sq Ft

  2801 Us Highway 93 S, Eureka, MT 59917

  Twelve wooded acres with VIEWS and NO covenants! Three bedroom, two bathroom home perched at the top of the property to overlook the valley with amazing mountain views. Enjoy the open floor plan where you can cook in the kitchen while overlooking the living area, the woods and beyond.This property has multiple outbuildings including a 15x15 log cabin with power, water and heat; a 30'x40'

  

  Sarah Judd

  National Parks Realty - Eureka

  2801 Us Highway 93 S, Eureka, MT 59917
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  /37

  $299,900

  $45K PRICE DROP

  • Land
  • 43.96 Acres
  • $6,822 per Acre

  Nhn Hope Valley Rd, Trout Creek, MT 59874

  This is a must-see property! 44 acres of pristine mountain property offers approximately 800 feet of frontage on Trout Creek, stunning mountain views, and the kind of peace and quiet that's getting hard to find. A building site with amazing views of Trout Creek and an ATV trail leads to scenic overlooks to take in sweeping views of the surrounding mountains and creek below. Improvements include a

  

  Jennifer Thrash

  Clearwater Montana Properties - Trout Creek

  Nhn Hope Valley Rd, Trout Creek, MT 59874
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  /10

  $30,000

  • 2 Beds
  • 1 Bath
  • 728 Sq Ft

  20700 Dayton Creek Rd, Proctor, MT 59929

  Affordable Opportunity! This well-maintained 14' x 50' mobile home offers 2 bedrooms, 1 bathroom, and includes a spacious 10.5' x 24' covered deck, providing a great outdoor living area, along with the attached rear entry steps.Important: No real property or land is included in this sale. The purchaser will be responsible for moving the home to a new location or may have the option to

  

  Nan Wise

  P3 & Associates, Inc.

  20700 Dayton Creek Rd, Proctor, MT 59929
• 

  

  /19

  $340,000

  • 3 Beds
  • 2 Baths
  • 1,289 Sq Ft

  115 4th Ave W, Lima, MT 59739

  Lima offers one of the friendliest hometown experiences a person can live in! This is an opportunity for rural living in beautiful SW Montana at its best. The views of the Lima Peaks are breathtaking right from the front porch of this 2021 home, one of the newest houses in Lima. Lima is in the middle of amazing hunting, fishing, camping, horseback riding and limitless other outdoor activities.

  

  Dyle Stoddard

  Beaverhead Home and Ranch RE

  115 4th Ave W, Lima, MT 59739
• 

  

  /18

  $215,000

  • 1 Bed
  • 1 Bath
  • 920 Sq Ft

  137 N Main St, Drummond, MT 59832

  This home is a perfect starter home in a great location. Close to Drummond High School with quick access to I-90, this home was built in 1937 and offers a blank canvas to make your own. With a large, bright living area looking out onto a lovely wooden bridge over a seasonal creek, this is a home that feels very private. Set back from the street, there is a larger yard area behind the house

  

  Charity Therriault

  Clearwater Montana Properties - Philipsburg

  137 N Main St, Drummond, MT 59832
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  /49

  $649,000

  $26K PRICE DROP

  • 4 Beds
  • 1.5 Baths
  • 2,000 Sq Ft

  2950 Lower Lost Prairie Rd, Marion, MT 59925

  Discover this one-of-a-kind property with abundant space, privacy, and room to grow in the Lost Prairie area of Marion, Montana. Featuring a unique strawbale house built by Mindful Designs, the house sits on a gentle slope forested with ponderosa, lodgepole and aspen trees. Four bedroom, two bath, open concept living area, and several impressive features. Heated by wood with unique, clean-burning

  

  Alden Blaize

  Real Broker, LLC

  2950 Lower Lost Prairie Rd, Marion, MT 59925
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  /51

  $1,900,000

  $300K PRICE DROP

  • 5 Beds
  • 3 Baths
  • 4,346 Sq Ft

  912 Weber Butte Trail, Corvallis, MT 59828

  Set on nearly 30 acres across two parcels, this private Corvallis estate captures the essence of refined Montana living. Inside, a dramatic great room with soaring vaulted ceilings, rich hardwood flooring, and a floor-to-ceiling stone fireplace creates an impressive yet inviting centerpiece. Walls of windows frame the surrounding landscape and fill the home with natural light, while the sunroom

  

  Jani Summers

  Engel & Völkers Western Frontier - Hamilton

  912 Weber Butte Trail, Corvallis, MT 59828
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  /49

  $635,000

  $75K PRICE DROP

  • 3 Beds
  • 2.5 Baths
  • 1,817 Sq Ft

  3725 Stonewall Creek Rd, Lincoln, MT 59639

  Awe-Inspired Montana Getaway! Nestled in the breathtaking mountains of Lincoln, Montana, this charming & meticulously maintained home built by Steve Woodhouse offers the perfect escape for outdoor enthusiasts & nature lovers alike. 35 gpm well, perimeter fencing, Encore wood fireplace, single owner, non-smoking, this residence exudes warmth & care. Featuring an open-concept design with soaring

  

  Brenda Stark

  Keller Williams Capital Realty

  3725 Stonewall Creek Rd, Lincoln, MT 59639
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  /28

  $319,000

  $20K PRICE DROP

  • Land
  • 41.66 Acres
  • $7,657 per Acre

  73 Stara Tukan Rd, Columbus, MT 59019

  41.659 acres with infrastructure in place in between Columbus and Park City. The original foundation remains providing a potential starting point for your future build (buyer to verify) and utilities are already installed. Improvements include buried propane tank, electricity on site with RV hookup, well supplying a double cistern system, and existing septic system. Property previously had a

  

  Jennie Groshelle

  Red Truck Real Estate

  73 Stara Tukan Rd, Columbus, MT 59019
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  /17

  $49,900

  $9K PRICE DROP

  • Land
  • 16,988 Sq Ft
  • $127,949 per Acre

  905 7th St, Fairview, MT 59221

  .38-acre vacant land in Fairview, Montana, offering three level lots ready for your vision. Conveniently located on a corner lot adjacent to the school, with public water and sewer, and power already available. Perfect for building your dream home or investment property. Being sold 'as is'�what you see is what you get. Don't miss this incredible opportunity to own a versatile parcel close

  

  Michelle De Koekkoek

  Weichert, Realtors - Providence Properties

  905 7th St, Fairview, MT 59221
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  /62

  $574,000

  $1K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,896 Sq Ft

  1301 Absaroka Ct, Livingston, MT 59047

  This beautifully crafted 3-bedroom, 2-bath home built in 2006, offers 1,896 sq. ft. of living space on an expansive 12,782 sq. ft. lot at the end of a cul-de-sac. Inside, you’ll find many recent updates, including fresh interior paint throughout, new luxury vinyl kitchen flooring, new carpeting on the stairs, upgraded lighting, and new smoke detectors. Both bathrooms feature new fixtures, and the

  

  Charlie Eubank

  Small Dog Realty

  1301 Absaroka Ct, Livingston, MT 59047
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  /50

  $899,000

  $21K PRICE DROP

  • 3 Beds
  • 3 Baths
  • 2,053 Sq Ft

  460 Moose Hollow Rd, Victor, MT 59875

  Authentic rustic log home on 10 irrigated acres—a private Montana retreat with a year-round stream, mature trees, mountain views, and generous living space.Warm, light-filled living areas highlight classic log-home character and create a welcoming, relaxed feel. An additional 1,400 sq ft partially finished walk-out basement brings the total available area to more than 3,400 sq ft of flexible

  

  Vinda Milless

  West Montana Homes, Inc

  460 Moose Hollow Rd, Victor, MT 59875
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  /35

  $379,000

  $10K PRICE DROP

  • Land
  • 4.26 Acres
  • $88,905 per Acre

  Nhn Othorp Lake Rd, Rexford, MT 59930

  Exceptional 4.26-acre homesite overlooking Othorp Lake near Rexford, Montana. This beautiful property offers filtered lake views, mountain vistas, mature trees for privacy, and a gentle slope that provides an ideal setting for your Montana dream home.A major head start on development is already in place with a substantial 60' x 30' metal-sided shop complete with power and durable ICF stem

  

  Michael Lancaster

  Lancaster and Company, Premier Properties

  Nhn Othorp Lake Rd, Rexford, MT 59930
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  /35

  $715,000

  • 3 Beds
  • 3 Baths
  • 3,964 Sq Ft

  8 Culbertson Ln, Columbus, MT 59019

  Enjoy country living in the highly desirable Whitebird Estates, located between Columbus and Absarokee on scenic Highway 78. This contemporary 3-bedroom, 2-bath home offers 1,982 sq. ft. on the main level plus a bonus room ideal for an office or 4th bedroom. The 1,982 sq. ft. basement is 75% unfinished and features a bathroom, egress windows, and endless potential for added living space and

  

  Dan Patterson

  Berkshire Hathaway HS Floberg

  8 Culbertson Ln, Columbus, MT 59019
• 

  /2

  $1,700,000

  • Land
  • 7 Acres
  • $242,857 per Acre

  NHN Truck Bypass, Lewistown, MT 59457

  Discover 7 acres of PRIME COMMERCIAL land on the Truck Bypass—perfectly positioned for high-traffic exposure and easy access. Zoned for commercial use, this property offers outstanding potential for development, business expansion, or investment.

  

  Mike Pallett

  High Country Realty Montana

  NHN Truck Bypass, Lewistown, MT 59457
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  /84

  $545,000

  • 3 Beds
  • 2 Baths
  • 2,184 Sq Ft

  19525 E Mullan Rd, Clinton, MT 59825

  Welcome to your Montana retreat! Situated on 1.21 serene acres, this 3-bedroom, 2-bathroom home offers the ideal blend of peaceful, quiet country living and effortless access to Missoula amenities. Surrounded by the tranquility of rural Montana, this residence features 2,328 sq. ft. of warm, functional living space including a finished basement, making it move-in ready with room to adapt to your

  

  Mike Hyde

  Real Broker, LLC

  19525 E Mullan Rd, Clinton, MT 59825
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  /41

  $435,000

  $15K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 2,464 Sq Ft

  2518 Treasure Dr, Billings, MT 59102

  Located in a great northwest Billings neighborhood, this well-maintained Rancher sits on a large fenced lot with a garden area and shed. The main living area features wood floors and a beautiful brick fireplace, while the master bedroom includes a 3/4 bath. An attached two-car garage adds convenience. The lower level offers a family room with a non-egress bedroom and fireplace, plus a spacious

  

  Ronald Boyd

  Team Boyd REALTORS

  2518 Treasure Dr, Billings, MT 59102
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  /28

  $359,600

  • 3 Beds
  • 2 Baths
  • 2,160 Sq Ft

  1819 6th Ave S, Great Falls, MT 59405

  Opportunity Knocks! This well-maintained 3-bedroom, 2-bath home offers flexibility, updates, and income potential all in a convenient location close to colleges, shopping, restaurants, and everyday amenities. The bright and inviting main level features beautiful hardwood floors, a spacious living room filled with natural light, and an updated kitchen complete with white cabinetry, stainless steel

  

  Jennifer Benski

  The Home Co. Realty Group

  1819 6th Ave S, Great Falls, MT 59405
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  /20

  $585,000

  • Land
  • 36,808 Sq Ft
  • $692,308 per Acre

  Lot 15 Moonwater Ln, Cameron, MT 59720

  Rare Madison Riverfront Lot! Build ready and waiting for you! Opportunities like this don’t come often, a build ready lot on the legendary Madison River, offering privacy, quiet, and unmatched recreational access. Located in a small, private neighborhood with well-maintained roads and year-round access, this property is ready for your dream home or investment project. The well and septic are

  

  Kristie Vessey

  eXp Realty, LLC

  Lot 15 Moonwater Ln, Cameron, MT 59720
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  /26

  $185,000

  • Land
  • 37,026 Sq Ft
  • $217,647 per Acre

  853 Berne Rd, Columbia Falls, MT 59912

  Discover the perfect canvas for your Montana dream home at 853 Berne Rd! This spacious 0.85-acre residential lot offers breathtaking views and a prime location along the scenic route to Glacier National Park. Septic approval and an engineered lot layout have been completed. New shed conveys with acceptable offer. Whether you’re looking for a peaceful retreat or a base for adventure, this lot

  

  Alden Blaize

  Real Broker, LLC

  853 Berne Rd, Columbia Falls, MT 59912
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  /125

  $1,599,000

  • 10,368 Sq Ft

  100 Remington Rd, Noxon, MT 59853

  Capitalize on Montana's booming eco-tourism and hospitality market with this exceptional, multi-structure estate in Noxon, MT. Framed by the breathtaking Cabinet Mountains and bordered by over 1,000 feet of private creek frontage, this turnkey compound offers cash-flow potential as a corporate retreat, wedding venue, outfitter basecamp, or boutique wilderness resort. The property is thoroughly

  

  Aaron Noel

  Ideal Real Estate

  100 Remington Rd, Noxon, MT 59853
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  /4

  $80,000

  • Land
  • 40 Acres
  • $2,000 per Acre

  NHN Stafford Ferry Rd, Winifred, MT 59489

  Discover WIDE-OPEN POSSIBILITIES with this 40-acre parcel located near Winifred. With no restrictions or covenants, the land is yours to shape—whether you're looking for a private retreat, recreational property, or future homestead. Bring your vision and make it your own under Montana's big skies.

  

  Mike Pallett

  High Country Realty Montana

  NHN Stafford Ferry Rd, Winifred, MT 59489
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  /31

  $399,900

  • 4 Beds
  • 2 Baths
  • 2,076 Sq Ft

  2723 Arvin Rd, Billings, MT 59102

  One of my favorite subdivisions and a true hidden gem with this great home that has lots of features that you look for in a home! The main floor is efficient and comfortable with a living room, designated dining area, open kitchen, office and two bedrooms with a bathroom! Downstairs you will find a second living area with two additional rooms that both have egress windows and another full

  

  Jason Leininger

  Real Estate Hub LLLP

  2723 Arvin Rd, Billings, MT 59102
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  /8

  $139,000

  • Land
  • 3 Acres
  • $46,333 per Acre

  Parcel 3 Songer Rd, Ronan, MT 59864

  Experience a new beginning in Ronan, the banana belt of western Montana. Where breathtaking Mission mountain and valley views will always greet you. This parcel is a rare gem amidst larger farm & ranch acreages. Located on Songer Rd, a year-round school bus route meticulously maintained. Gated entrance and nicely fenced on three sides. The area is known for quality potato growing soil. Perfect

  

  David Passieri

  Mission Valley Properties

  Parcel 3 Songer Rd, Ronan, MT 59864
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  /55

  $1,450,000

  • 3 Beds
  • 3.5 Baths
  • 3,606 Sq Ft

  501 Evans Ave, Missoula, MT 59801

  Classic elegance meets modern comfort in this beautifully preserved 1937 residence, ideally situated on a meticulously landscaped 7,800-square-foot corner lot in Missoula's highly sought-after University District. Surrounded by mature landscaping with underground sprinklers and located just one block from Bonner Park and 1½ blocks from the University of Montana, this exceptional home offers

  

  Barbara Christian

  Berkshire Hathaway HomeServices - Missoula

  501 Evans Ave, Missoula, MT 59801
• 

  

  /64

  $950,000

  • 5 Beds
  • 3.5 Baths
  • 3,365 Sq Ft

  951 Summit View Way, Stevensville, MT 59870

  Nestled in the Bitterroot Valley with incredible views this 5 Bed/3.5 bath home offers room to breathe, to gather, and to grow. A large, beautiful kitchen with hickory cabinets is the heart of the home. The main-level suite adds comfort and ease with additional flex space. Upstairs find a cozy library area, 3 beds, a den & 2nd floor laundry that makes life a little simpler. The 1 bd/1 bath

  

  Jeannette Carr-Smith

  Clearwater Montana Properties

  951 Summit View Way, Stevensville, MT 59870
• 

  

  /44

  $185,000

  • 660 Sq Ft

  207, 209, 211, 211 1 A St, Hot Springs, MT 59845

  Investor opportunity with strong upside potential! This unique property features three mobile homes, a single bedroom unit, a two bedroom unit and a three bedroom unit, plus a partially remodeled garage that has been converted into additional living quarters, creating multiple income-producing possibilities. Situated on a large corner parcel comprised of five lots totaling .40 acre(s), the

  

  Charlie Scott

  HomeSmart Realty Partners

  207, 209, 211, 211 1 A St, Hot Springs, MT 59845
• 

  

  /11

  $345,000

  $50K PRICE DROP

  • Land
  • 20.1 Acres
  • $17,164 per Acre

  Nhn Burnham Ln, Plains, MT 59859

  This 20 acre parcel has NO COVENANTS and a beautiful 4+ acre pond. Power is already on the property just waiting for its new owner. Deer roam and frequent this parcel with its navigable pond. 360 degree views of majestic mountains and valley vistas. A short distance to the all kinds of recreation including the Clark Fork River, Baldy Mountain, hiking and hunting areas as well as all the commerce

  

  Charlie Scott

  HomeSmart Realty Partners

  Nhn Burnham Ln, Plains, MT 59859
• 

  

  /17

  $519,000

  • Land
  • 1.08 Acres
  • $480,556 per Acre

  Arden Dr, Belgrade, MT 59714

  Bruce Industrial Park Commercial Property Opportunity! Property Overview Located in Bruce Industrial Park, Belgrade, MT, this property offers a generous 1.08 acres zoned for industrial use. The I (industrial) zoning permits a broad range of activities, including cannabis cultivation, veterinary services, warehouse operations, and storage facilities, among other possibilities. A full zoning

  

  Jason Mascari

  Montana Land Buyer Realty

  Arden Dr, Belgrade, MT 59714
• 

  

  /40

  $499,995

  • 3 Beds
  • 1.5 Baths
  • 1,752 Sq Ft

  624 Colorado Ave, Missoula, MT 59802

  Rare East Missoula Property on an Oversized Parcel with potential opportunity for a future lot split! Nestled at the quiet dead-end of Colorado Avenue, this ranch-style residence sits on a generous 0.57-acre level lot, offering spatial freedom, privacy, and big mountain views just minutes from downtown Missoula and the University of Montana. The main level features light-filled living spaces,

  

  Mike Hyde

  Real Broker, LLC

  624 Colorado Ave, Missoula, MT 59802

Showing Results 241 - 280, Page 7 of 18