This bill aims to revise residential landlord and tenant laws in Montana by introducing new definitions and requirements regarding rental agreements, particularly those involving property management companies. A significant change is the requirement for 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. Additionally, the bill amends several sections of the Montana Code Annotated (MCA) to clarify terms related to rental agreements, such as the definition of a "property management company," and to establish the notice periods required for terminating month-to-month tenancies.

The bill also modifies existing provisions regarding the extension of rental agreements, the adoption of rules by landlords, and the process for terminating tenancies due to tenant noncompliance. Notably, it replaces the previous 30-day notice requirement for month-to-month tenancies with a 90-day notice for those entered into after a one-year lease with a property management company. Other amendments include clarifications on security deposits and the conditions under which landlords can deduct from them, as well as the process for changing lease terms with proper notice. Overall, the bill seeks to enhance the rights and responsibilities of both landlords and tenants in Montana.

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