A Montana commercial lease agreement is a legal document regulating the relationship between a commercial landlord and a business tenant. It includes various clauses relating to the lease term, security deposit, rent amount, subleasing permissions, and real estate tax payments.
Before signing the lease agreement, a landlord should use a rental application to check the tenant’s financial status and background. This way, they can determine if the tenant will conduct business legally and abide by the agreement’s conditions. A tenant can also do due diligence to confirm the property will meet the company’s needs.
Montana Business Entity Search: Use this database to verify a business’s right to conduct its operations in the state.
REQUIREMENTS
Rental Laws: Montana Code Annotated Title 30, Chapter 2A.
Consumer Protection Laws: MT Code Annotated § 30-2A-104.
Jurisdiction: According to MT Code Annotated § 30-2A-106, jurisdiction for a lease is only valid if it’s one in which either
- the tenant resides when the lease goes into effect or
- the property is located.
No other jurisdiction is valid, even if the parties agree to one that falls outside these conditions.