Create a residential lease agreement that meets all the requirements necessary in Montana State. Start today with the help of step-by-step instructions and our contract generator.
Last Update December 27th, 2022
- What Is a Montana Residential Lease Agreement
- Types of Montana Lease Agreements
- Montana Lease Addendums and Disclosures
- Montana Residential Lease Agreement Sample
- Other Real Estate Documents
- FAQs About Montana Lease Agreement
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What Is a Montana Residential Lease Agreement
This legally binding contract should also define which situations constitute lease violations, and what the eviction procedures would be in any of those scenarios. Lease agreements are longer in duration than rental agreements, but they’re otherwise similar in purpose and structure.
It’s important to note that Montana lease agreements need to comply with any lease-related laws in the state where the property is located.
Types of Montana Lease Agreements
There are many types of Montana lease agreement forms that can be used to manage and legally bind many different types of rental situations. They allow landlords to rent out various types of property they might have and for tenants to find the best kind of tenancy for their needs.
The most common types of lease agreements in Montana include:
Standard residential lease agreements: Under a standard lease agreement both the landlord and tenant commit to a fixed set of terms that last for a series of months or years.
Rent-to-own lease agreements: Lease agreements with rent-to-own options are designed for tenants that wish to buy the property they are renting. This requires them to pay a sum of money each month, in addition to rent, to cover the costs of the principal.
Month-to-month rental agreements: Month-to-month lease agreements will often have similar basic terms to standard residential lease contracts. However, they differ as they can be renewed or ended on a month-by-month basis. Their terms may also be flexibly altered each month.
Commercial lease agreements: Commercial leases are provided by landlords of retail property to tenants that intend to use the real estate to run a business.
Room rental agreements: In rental properties with shared living areas, a room rental agreement can be used to rent a singular bedroom.
Sublease agreement: A Montana sublease agreement allows tenants to reassign or ‘sublease’ the property to another individual. This requires the property landlord’s permission and must be specifically allowed in the original lease.
Montana Lease Addendums and Disclosures
MT lease agreements need to include certain disclosures and addendums. These can vary significantly depending on the state in which the property is located. The following overview contains all the essential addendums for Montana lease agreements:
|Disclosure/Addendum||Information That Must Be Disclosed|
|Agent/owner identification||The lease must contain a section providing the contact details of the landlord or the agent acting on their behalf (§ 70-24-301).|
|Mold disclosure||Lease contracts in Montana must contain a disclosure or addendum that explains whether or not the landlord or their agent knows of mold existing on the property (§ 70-16-703).|
|Lead paint disclosure||The contract must contain details about whether or not lead paint can be found on the premises (if the building was constructed before 1978).|
|Methamphetamine drug lab disclosure||The landlord must disclose whether the property has been remediated if it has been previously used as a meth lab (§ 75-10-1305(3)). You should also provide documents that show a licensed contractor has fully decontaminated the premises with this disclosure.|
|Move-in checklist||When a security deposit is paid by the tenant, the landlord must provide a move-in checklist with the lease. (§ 70-25-206).|
Montana Lease Agreement Laws
Montana lease agreements must be written according to the laws of MT state, to ensure that they are legally binding and hold up in court. These regulations will determine what terms you must include in the contract.
The most relevant laws to take into consideration when renting a property in Montana are:
Security deposits: In Montana,there is no maximum limit on what you may charge as a security deposit. However, the amount collected must be returned to the tenant no more than 10 days after they vacate the property if no deductions are made (§ 70-25-202). If deductions are made to the deposit, the remaining amount must be returned with an itemized statement within 30 days.
Landlord’s right to enter: Landlords need to give 24 hours’ advance notice to enter the rental property (§ 70-24-312).
Montana Residential Lease Agreement Sample
Before beginning the process of creating a residential lease agreement in Montana, it is sensible to review an example document first. Use our Montana lease agreement sample below to find out more about the structure and contents of a fully-fledged rental contract.
FAQs About Montana Lease Agreement
It is important to carefully prepare a Montana lease agreement to suit the needs of the landlord and tenant exactly. To help demystify the process a little, simply review our FAQs below to learn more about the specificities of rental contracts in Montana.
Can I Write My Own Lease Agreement in Montana?
It is possible to create a Montana lease agreement completely online. Using our residential lease agreement maker you can tailor your document for your specific needs and take advantage of professional templates and expert tips.
How to Write an MT Lease Termination Letter?
This letter needs to contain the following information:
The name of the landlord and the tenant
The date the letter has been written and signed
The name and address of the property in question
Information explaining why the tenancy needs to be terminated early
The reason the lease is being broken
The date that the resident will vacate the property
Acknowledgment of any penalties that will be incurred
Signature of the signing party
Do I Need to Register or Notarize my Montana Residential Lease Agreement?
It is not necessary to notarize a Montana residential lease agreement. However, whilst this might not be a legal requirement in Montana state, signees are still advised to consider this step to provide further legal enforceability.