Free Montana Property Management Agreement
A contract between a property owner and a property manager outlining management duties, fees, authority, and responsibilities for a rental property. Compliant with Mont. Code § 70-24-101 et seq..
What's Included in Your Property Management Agreement
10 key sections — state-compliant for Montana
What's Included in Your Property Management Agreement
10 key sections — state-compliant for Montana
Free Montana Property Management Agreement
Hiring a property manager in Montana? Our free agreement template clearly defines duties, fees, authority, and responsibilities — protecting both the property owner and manager.
What a Property Management Agreement Covers
- Management fees — Monthly percentage and placement fees
- Scope of duties — Rent collection, maintenance, tenant screening
- Spending authority — Limits on maintenance expenditures
- Legal compliance — Adherence to Mont. Code § 70-24-101 et seq.
- Termination terms — How to end the relationship
Montana Property Management Requirements
Under Montana law:
- Security deposits: No statutory limit limit, return within 30 days
- Required disclosures: 2 items
- Lease termination notice: 30 days for month-to-month
Frequently Asked Questions: Montana Property Management Agreement
What is a typical property management fee in Montana?
Property management fees in Montana typically range from 8-12% of monthly rent collected. Additional fees may include lease-up/placement fees (50-100% of first month's rent) and maintenance markups.
Does a property manager need a license in Montana?
Most states require property managers to hold a real estate broker's license or work under one. Check Montana's specific real estate licensing requirements with the state real estate commission.
Can I terminate a property management agreement?
Yes, our template includes a 30-day termination clause. Most property management agreements in Montana allow either party to terminate with written notice, though some may include early termination fees.
Is this property management agreement free?
Yes, 100% free. Generate your Montana-compliant property management agreement and download the PDF. No account needed.