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Montana Standard Residential Lease Agreement

A Montana standard residential lease agreement is a contract that enters a landlord and a tenant into an arrangement regarding the rental of a property. Typically, this type of lease is limited to a one-year period.
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Rental Application – Used by landlords to determine whether tenants have the financial resources to pay rent regularly and on time.

Required Disclosures (5)

  1. Lead-Based Paint Disclosure & EPA Pamphlet – If the property was constructed before 1978, these disclosures concerning the possible use of lead-based paint must be provided to tenants.
  2. Mold Disclosure – All lease agreements must contain specific mold disclosure language.[1]
  3. Methamphetamine Drug Lab Disclosure – Landlords must notify tenants if the property has been the site of methamphetamine production and must also explain what steps were taken to remediate the damage.[2]
  4. Move-in Inspection Checklist – Tenants should receive a move-in checklist to document the condition of the property at the start of a lease period.[3]
  5. Landlord/Manager/Agent Identification – Tenants must be made aware of the names and addresses of person(s) authorized to enter the property with the amount of notice required by law, such as landlords and agents.[4]

Security Deposit Laws

Maximum Amount – None.

Returning – A security deposit must be returned within 10 days of the end of tenancy. Any deductions must be itemized in writing and disclosed to tenants.[5][6]

Rent Payment Laws

Grace Period – None.

Maximum Late Fee – None.

NSF Fee – Landlords can charge up to $30 as a penalty for a bounced check.[7]

Withholding Rent – If a property violates any building or housing codes, its tenant can withhold one month’s rent until the landlord has resolved the issue and the premises is again compliant.[8]