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.
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, a jurisdiction for a lease is only valid if it’s one in which either (a) the tenant resides when the lease goes into effect or (b) the property is located. No other jurisdiction is valid, even if the parties agree to one that falls outside these conditions.