Montana Early Termination of Lease or Rental Agreement by Mutual Consent is a legally binding agreement that allows both the landlord and tenant to end their rental contract before the specified termination date, provided that both parties agree to the terms and conditions of the termination. This agreement is beneficial for situations where one party needs to terminate the lease early due to unforeseen circumstances, without incurring any penalties or legal repercussions. In Montana, there are primarily two types of Early Termination of Lease or Rental Agreement by Mutual Consent: 1. Residential Rental Agreement: This type of agreement is specifically designed for residential properties, such as apartments, houses, or condos. It allows tenants and landlords to mutually terminate the lease if both parties agree to the terms and conditions stated in the agreement. 2. Commercial Rental Agreement: This agreement applies to commercial properties, including offices, retail spaces, or industrial buildings. Similar to the residential agreement, the commercial rental agreement enables both the landlord and tenant to terminate the lease early if they mutually consent to the specified termination terms. Keywords: Montana, early termination, lease, rental agreement, mutual consent, termination, landlord, tenant, residential, commercial, agreement, circumstances, penalties, legal repercussions
Montana Early Termination of Lease or Rental Agreement by Mutual Consent
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