Chapter 5 of 1615% of exam

Montana Residential Landlord and Tenant Law

Brokers and property managers who handle rentals in Montana must follow the Residential Landlord and Tenant Act. This chapter summarizes the framework a Montana broker should know.

The Residential Landlord and Tenant Act

Montana's Residential Landlord and Tenant Act, in Title 70, Chapter 24 MCA, governs residential rental relationships, including leases, landlord and tenant duties, habitability, and remedies. Brokers and property managers handling residential rentals must comply with the Act's requirements for the parties they represent.

Security Deposits and Notices

The Act sets rules for handling security deposits, giving notices, and returning deposits with an itemized statement of any deductions. Improper handling of a tenant's security deposit can create liability. A property manager or broker must follow these rules and keep deposit funds properly accounted for.

Broker and Manager Compliance

A Montana broker who supervises rental operations must ensure the firm follows the Landlord and Tenant Act and the Board's trust-account rules for rents and deposits. Because leasing and management touch both landlord-tenant law and the license law, the supervising broker must coordinate compliance across both bodies of law.

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