Montana Standard Residential Lease Agreement Template

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The Montana Standard Residential Lease Agreement Template gives users a readily available document which reports the conditions of a rental arrangement that a Landlord and Tenant have agreed to enter. While having a verbal agreement is acceptable, these can be notoriously difficult to prove should an initial minor misunderstanding in terms have the potential to snowball into a serious disagreement. Thus, it is generally considered wise to keep everything on paper.  Many believe the main purpose of having a written lease is to have an easily enforceable agreement, however, just as importantly, it is a point of reference when one needs to remember what the exact terms he or she agreed to be. Any legal disclosures and additional agreements that are attached to this contract will serve these purposes as well. It is fair to mention that while these are excellent benefits, they are not the only ones.

Laws – Title 70, Chapter 24 (Residential Landlord and Tenant Act of 1977)

HandbookMontana Landlords’ Rights & Duties Handbook (PDF)

How to Write

Step 1 – On the first three blank spaces, fill in the Calendar Day, the Month, and the Year this lease is being signed. Then on the next three blank spaces enter the full name of the Landlord, the full name of the Tenant, and the Address of the leased property.

Step 2 – In the first sentence of the second paragraph enter the Calendar Day, Month, and Year this lease shall commence. Then in the last three blank spaces enter the Calendar Day, Month, and Year this lease shall terminate.

Step 3 – In the section titled “Rent,” enter any prorated rent amount the Tenant may be subject to in the first blank space then, in the second blank space, enter the monthly rent amount the Tenant must pay for the duration of this lease.

Step 4 – In the second section, labeled “Late Rent/Bad Checks, report the address where the rent should be submitted in the first space available in this paragraph On the second blank space enter the dollar amount that will be charged every day past the due date the rent remains unpaid. In the third blank space, enter the dollar amount that shall act as a penalty for a Landlord needing a to post a Notice of a lease violation on the Tenant’s door. In the fourth blank space, report the dollar amount that will be charged as a processing fee if the Tenant pays the rent in installments. Finally, on the last blank space of this paragraph report the penalty charge the Tenant must pay for each bounced check submitted as a rent payment.

Step 5 – In the third section, enter the Security Deposit amount the Landlord requires to allow the Tenant to enter this lease.

Step 6 – In the fourth section, titled “Utilities,” enter the dollar amount the Tenant will be charged if the Landlord or Property Manager must provide a utilities account in their name on behalf of the Tenant.

Step 7 – In the “Assignment/Subletting,” section enter the Administrative fee should a roommate be removed or added to the lease (with written permission from the Property Manager/Landlord).

Step 8 – In the paragraph labeled “Early Termination,” report the dollar amount that shall be considered a break fee should the Tenant terminate the lease early on the space provided.

Step 9 – Locate the twelfth item in the “Tenant Rules and Regulations” section. On the blank space provided, enter the dollar amount from the Security Deposit the Tenant shall lose should the Tenant replace any locks without obtaining written permission to do so from the Landlord beforehand.

Step 10 – Locate Item 24 in the “Tenant Rules and Regulations” section. Here enter the cost for key delivery (should the Tenant need a replacement but cannot pick one up) during business hours on the first blank space and the cost for key delivery after business hours on the second blank space.

Step 11 – Locate Item 25 in the “Tenant Rules and Regulations” section. Enter the name of the City the Tenant may need to get permits from in relation to property.

Step 12 – In the section labeled “Entire Contract,” each Tenant must provide his/her signature. Then the Lessor, Lessee, Agent must provide their initials on the first three blank spaces in the Lead Disclosure area. The next three blank space must be dated by these initialing parties in the appropriate spaces. In the Mold Disclosure area, the Seller/Property manager must date the discloser on the first blank line provided. This must be followed by each Tenant’s signature and date for that signature. Next, each Tenant and Property Manager must sign and date the Addendum for Drug-Free Housing area in the blank spaces provided. Finally, after the Statutes being the Uniform Controlled Substances Act, each Tenant and Property manager must provide a signature and a date.