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House Rental Agreement Montana

The following lease discounts and supplements are not mandatory in montana residential leases, but either help reduce future conflicts with tenants or reduce the legal liability of landlords. Note needed – If something needs to be repaired in the rental unit, the first step is for the tenant to respond to the problem in writing to the landlord or the person who is collecting the rent. The notice must contain: applies to all rental units in Montana that charge a deposit. A lease agreement (also called a “lease”) is a legally binding contract between a tenant and a lessor, in which the lessor undertakes to temporarily transfer ownership of real estate to the tenant for money. Montana law requires that all lease agreements be in writing. If you work with a landlord who wants the lease to be an oral agreement, do not rent the property. Get everything in writing before signing a lease. The lease must have provisions specifying the address of the property you will take over, the duration of the rental, the cost of rent, the deposits and who is responsible for the maintenance of the property. A landlord must reimburse a tenant`s deposit within 10 days of the rent inspection in the absence of damage, cleaning and unpaid rent or incidental costs.

There is no law that covers a maximum amount that a lessor can possibly charge when a rent payment is issued beyond the indicated due date. In order for an owner to request a certain delay, he must be available in the signed rental agreement so that compensation for the fee is mandatory. Mould installation (§ 70-16-703) – In all rental agreements, a language is required or this form must be attached to recognize that the owner does not have prior information about the mold present on the site. Lead-based color – Only necessary if the rental area was built before 1978. This disclosure informs tenants of whether lead paint remains on site. Mould installation (§ 70-16-703) – The owner is required to disclose any knowledge of the mould found in the rental unit. The form communicates the absence of mold on the site to the knowledge of the owner. The disclosure presented must be signed by the tenant when entering into a lease. Monthly Lease Agreement – Represents a document instrument describing the provisions relating to the rental of real estate.

This special agreement allows each party to terminate the engagement before the validity period ends with a thirty (30) day notification. Montana landlords who intend to collect a deposit must provide an inventory of the condition of the rental unit in the form of a list of collection checks….