Montana Agreement to Lease Commercial Property on Condition that Lessee Make Alterations and Repairs is a legal document that outlines the terms and conditions between a landlord (lessor) and a tenant (lessee) regarding the lease of a commercial property in the state of Montana. This agreement specifically focuses on the lessee's responsibility to make alterations and repairs to the property as stipulated by the landlord. The Montana Agreement to Lease Commercial Property on Condition that Lessee Make Alterations and Repairs is designed to protect the interests of both parties involved in the lease. It clarifies the specific alterations and repairs that the lessee is required to undertake before or during the course of the lease agreement. This agreement typically contains the following key elements: 1. Parties Involved: The document identifies the lessor (landlord) and the lessee (tenant) by providing their full legal names and contact information. 2. Property Details: The agreement includes a detailed description of the commercial property being leased, such as the address, size, and any specific features or areas that require alterations or repairs. 3. Alterations and Repairs: This section outlines the specific alterations or improvements that the lessee is obligated to make to the property. These changes might include structural modifications, installation of fixtures, or any other alterations agreed upon by both parties. 4. Scope of Work: The agreement specifies the timeline within which the alterations and repairs must be completed. It may also detail any specific standards or regulations that must be met during the process. 5. Costs and Expenses: The agreement addresses the financial aspects, including who is responsible for bearing the costs of the alterations and repairs. It might state whether the landlord will reimburse the lessee for any approved expenses. 6. Compliance with Laws and Regulations: This section emphasizes that all alterations and repairs made by the lessee must comply with applicable building codes, zoning regulations, and other legal requirements. 7. Indemnification: This clause outlines the lessee's responsibility to indemnify and hold the lessor harmless from any liability arising out of or related to the alterations and repairs made by the lessee. Different Types of Montana Agreements to Lease Commercial Property on Condition that Lessee Make Alterations and Repairs may exist depending on various factors, such as the nature of the commercial property, the extent of alterations required, and any specific terms negotiated between the lessor and lessee. It is essential for both parties to carefully review and customize the agreement to accurately reflect their intentions and obligations.