Montana Lease Agreements | Residential & Commercial

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A Montana rental agreement creates a binding arrangement between a landlord and a tenant for the use of a commercial and residential property. Once all pages in the agreement have been initialed and signed, including the required disclosures, it becomes legally binding to both parties.

Rental Application – To be used by the landlord to certify the tenant can afford the property by verifying income and employment.

Table of Contents

Agreement Types (8)


Association of Realtors Lease Agreement – To be used and written by a Realtor when creating a rental contract between a landlord and tenant.

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Commercial Lease Agreement – For space that is not livable, rather for a business or any type of non-residential use.

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Lease with Option to Purchase (Lease to Own) Agreement – Form with the added benefit to the tenant of being able to purchase the property according to the option’s conditions.

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Month-to-Month Lease Agreement – Known as a tenancy at will with no end date but according to § 70-24-441, it can be terminated with at least thirty (30) days’ notice.

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Room Rental (Roommate) Agreement – For the shared living arrangement of individuals in a common residential dwelling.

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Standard Residential Lease Agreement – Typical fixed arrangement, usually twelve (12) months, for any type of residence.

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Sublease Agreement – Used when a tenant is seeking to elect someone else to take over the remaining responsibility on a lease they are bound to until its termination.

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Termination Lease Letter – For creating an end date for a month-to-month arrangement for the minimum of thirty (30) days’ notice as allowed by § 70-24-441.

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Disclosures

Mold Disclosure (§ 70-16-703) – Language is required in all rental contracts or this form to be attached to acknowledge that the landlord has no prior information about any mold existing on the premises.

Lead-Based Paint Disclosure – Disclosure that is required for all residences built before 1978 to give notice to tenants that the paint on the interior may contain this hazardous substance.

Methamphetamine Drug Lab Disclosure (§ 75-10-1305(3)) – If the property has been used as a meth lab in the past, the landlord must disclose if the property has been remediated. This can be done by using the disclosure form and showing documents to the tenant that were submitted to the Montana Dept. of Environmental Quality that the property was remediated by a licensed contractor in accordance with the decontamination standards of § 75-10-1303.

Move-in Checklist (§ 70-25-206) – If the landlord accepts a security deposit this document must be attached to the lease and the tenant should inspect the property for pre-existing damage.

Landlord/Manager/Agent Identification (§ 70-24-301) – The person authorized to enter the premises must be stated in the lease in addition to an address for notices by the tenant.

Access

According to § 70-24-312, the landlord must grant at least twenty-four (24) hours notice to the tenant before entering the premises.

Security Deposits

Maximum – No limit. The landlord may ask for as much as desired.

Returning (§ 70-25-202) – All funds must be given back to the tenant within ten (10) days if there are no deductions to the deposit. If there are deductions an itemized statement must be given along with the funds being returned within 30 days.

(Video) What are the Montana Rental Laws?