Elk, elk, elk… yep, Montana is the largest habitat of Elks. Montana is also referred to as the treasure state because it is rich in gold, silver and the like. And for you landlords out there, Montana proves a relatively landlord-friendly state.  While it is always important to keep your eyes on law changes, Montana is more relaxed in its landlord-tenant statutes in comparison to other states.

 

At a Glance:

Security Deposit Limit: There are no stated regulations regarding on a maximum limit for a security deposit.

Late Fee Limit: Montana has no specified limitations for how much a landlord may charge when tenant is late on the rent. It is wise that a landlord keep it reasonably related to expenses that are incurred as a result of the late rent.

Late Fee Chargeable After: Montana law is silent on this issue.

Returned Payment Fee Limit: No greater than $30 may be charged.

Notice to End Lease: 30 days for open-ended month-to-month rental agreements.

 

Security Deposits

Although there are no limitations on how much a landlord may take for a security deposit, there are specifics regarding its return to the tenant at the end of the lease. If there are no deductions for unpaid rent or damages, the full amount must be returned before the end of ten days after move-out or inspection. If there are any deductions made, landlord must return the balance thereof, as applicable, along with a statement of deductions within thirty days.

 

Abandoned Property

When a tenant moves and leaves personal property behind, the landlord must ascertain what is valuable and keep it in a safe place. Montana statute 70-24-430 goes into great detail in the handling of such items. For instance, a notification must be sent to the tenant to retrieve the items before the landlord may dispose of them.

(article continues below)

Free Masterclass: Financial Independence in 5 Years with Rental Properties

Rental Property Registration

Statewide: There are no current requirements in place for state registration.

Local: Make sure and check with your locality. Currently, there are several locations that do require short-term rental units to be registered.

 

Landlord Right of Entry

Unless there is an emergency, a landlord must give a tenant at least 24 hours’ notice of before entering the rental unit. And entrance may only be made during reasonable times. A Landlord may only enter for valid reasons such as repairs, maintenance, inspection or modifications to the property.

In summary, even though Montana is more relaxed than other states in its regulations, it is important to use a strong, landlord-protective lease. And, Spark Rental just so happens to have one of the best Montana state-specific leases available!

Eviction

When the tenant fails the pay the rent on time, notice providing the tenant 3 days to pay the rent is sent. If the tenant fails to pay the full amount due, the landlord may then file in court for eviction at the end of the 3 days. 

If the tenant causes excessive property damage OR has unauthorized people or pets in the leased premises, the landlord would then provide a 3-Day Notice to Cure. This provides the offending tenant
3 days to fix the issue. If the tenant ignores the notice and fails to fix the issue, the landlord may then file in court for eviction at the end of the 3 days. 

For any other violation, the landlord would provide the tenant a 14-Day Notice to Cure (or comply). And if the tenant ignores the notice, the landlord may then file in court for eviction at the end of 14 days.

Illegal activity: When a tenant or any of the tenant’s guests are involved in illegal activity, the landlord will only need to provide that tenant with a notice of 3 Days before filing in court for eviction. There is no need for cure in this situation.  

 

Questions? Ask a Montana Attorney!

Have questions about Montana landlord-tenant laws? No sweat, we have you covered. Ask in the box below, to have your questions answered by living, flesh-and-blood attorneys. You can even name your own price for the answers, and only pay if you’re satisfied!

DISCLAIMER: Wellspring Financial LLC DBA SparkRental.com is for informational purposes only! Any information, legal or otherwise is provided “as is” without any representations, truth, accuracy, exactness or warranties, expressed or implied. Any data, form, or information provided shall NOT be construed or taken to be legal advice. You must NOT rely on any data, form, or information on this website as an alternative to obtaining sound, legal advice from a licensed or professional legal service provider.

 

 

Spend Less, Build Passive Income, Retire Early:

I want to know more about…

Automate Your Rents

Collect rent by credit card or bank transfer, with one-click income & expense reports, and instant late rent notices.

FREE for landlords 😎

Want to create passive income?

 

We’ll email a series of videos in our free course,

to help you start earning income from rentals.

[mc4wp_form id=”501″]

Privacy Policy: Your info will never be shared or sold to a 3rd party. Even if Dr. Evil offers us 1 million dollars 🙂

Rental ROI Ebook

Want to earn more from your rentals?

 

Download our free Ultimate Guide to Higher ROI and be dazzled by the charming wit, disarming frogs and invaluable tips for higher profits and less work.

 

[mc4wp_form id=”501″]

Free Mini-Course: Passive Income from 2-4 Unit Multifamilies

Free Mini-Course: Passive Income from 2-4 Unit Multifamilies

 

Ready to build passive income from small multifamily properties?

Over the next week, we'll email you a free series of videos, so enter your best email and let's get started!

You're in! Check your email to confirm, and you can email us directly at support@18.188.234.137 with any questions :-)

Free Webinar: Earn 15-50% on Passive Real Estate Syndications

LIVE masterclass on Tues. 10/25 @ 8pm EST

Your seat is reserved! Check your email to confirm.

Inside a group real estate investment

Here's a quick video breakdown of a past group investment — and how it's performed since our Co-Investing Club invested in it in early 2023.

You got it! Check your email for the link, and some other fun freebies.

Ready to Build Passive Income?

Ready to Build Passive Income?

 

We'll email you the course videos over the next week, so enter your best email!

You're in! Check your email to confirm.

Ditch Your Day Job: Free 8-Video Course

 

Our brand new course on how to reach financial independence and retire early (FIRE) with rental properties is open for one week from Oct. 23-30!

You're in! Check your email for the link, or click here for the 1st video!

How do group real estate investments work?

If you want the cash flow, appreciation, and tax benefits of real estate without hassling with loans or landlording, learn how to invest passively. 

Awesome! Check your email :-)

How to Earn 15%+ Returns on Hands-Off Real Estate Investments

In a live online workshop on Tues. 9/10, we'll break down five ways to invest passively in real estate that you've never heard of.

Awesome! Check your email :-)

Hack the Rich: 7 Secrets We've Learned from Private Equity Real Estate

In a free workshop, we share 7 secrets we've learned from the rich over the last few years of investing in private equity real estate syndications.

Awesome! Check your email :-)