House Bill No. [insert bill number] aims to revise residential landlord and tenant laws in Montana by introducing new definitions and requirements regarding rental agreements. Notably, the bill mandates that landlords provide a 90-day notice for any changes to or termination of a rental agreement that has been in effect for over one year with a property management company. This change is reflected in several sections of the Montana Code Annotated (MCA), including amendments to sections 70-24-205, 70-24-311, and 70-24-441, which outline the notice periods required for different types of tenancies.

Additionally, the bill clarifies the definition of a "property management company" and specifies the conditions under which landlords can adopt new rules affecting tenants. It also modifies the notice periods for terminating month-to-month tenancies, particularly those established after a one-year lease with a property management company. Other amendments include adjustments to the handling of security deposits and the process for changing lease terms, ensuring that tenants are adequately informed of their rights and obligations. Overall, the bill seeks to enhance tenant protections and establish clearer guidelines for landlords in managing rental agreements.

Statutes affected:
LC Text: 70-24-103, 70-24-205, 70-24-311, 70-24-422, 70-24-441, 70-25-201, 70-26-109
HB0776_1(1): 70-24-103, 70-24-205, 70-24-311, 70-24-422, 70-24-441, 70-25-201, 70-26-109
HB0776_1(2): 70-24-103, 70-24-205, 70-24-311, 70-24-422, 70-24-441, 70-25-201, 70-26-109
HB0776_1: 70-24-103, 70-24-205, 70-24-311, 70-24-422, 70-24-441, 70-25-201, 70-26-109