Montana Lease Data Summary is a comprehensive analysis and summary report that provides key information and insights regarding lease agreements in the state of Montana. This summary is extremely helpful for individuals, companies, and organizations interested in gaining a thorough understanding of the leasing landscape in Montana. The Montana Lease Data Summary offers a range of crucial details related to leases, including lease terms, rental rates, lease commencement and termination dates, leaseholder information, property locations, and any additional provisions or clauses present in the lease agreements. This comprehensive report allows users to make informed decisions regarding lease management, land acquisition, or investment opportunities in Montana. There are a few different types of Montana Lease Data Summary available, each catering to specific interests and requirements: 1. Commercial Lease Data Summary: This summary specifically focuses on commercial leases in Montana, providing insights into lease agreements for office spaces, retail properties, industrial units, or other commercial properties. 2. Residential Lease Data Summary: This type of summary concentrates on residential lease agreements in Montana, offering information on rental properties such as apartments, houses, condominiums, or townhouses. 3. Agricultural Lease Data Summary: Targeting individuals or organizations interested in agricultural leasing in Montana, this summary highlights lease details for farmlands, ranches, or other agricultural properties. 4. Oil and Gas Lease Data Summary: This specific summary focuses on lease agreements regarding oil and gas exploration and production in Montana. It provides valuable information on leasing rights, royalties, and other related provisions. 5. Government Lease Data Summary: This summary caters to those interested in leasing properties from government entities in Montana, whether for commercial, residential, or other purposes. Regardless of the type, the Montana Lease Data Summary serves as a valuable tool for researching and understanding lease agreements, offering in-depth analysis and a consolidated view of the leasing landscape in Montana.
Montana Lease Data Summary
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These are ?State-Leased? properties. These is real estate where you don't own the land, the State of Montana does. The purchase price is for only the improvements on the property, like a cabin, outbuilding or dock and then you ?rent? the land underneath.
Montana Statewide Per-Acre Lease Rates YearAll CroplandAll Pasture202237.57.82021367.22020346.7201932.56.625 more rows
Pastureland, at $1,850 per acre, was $350 higher than the previous year. Cash rents paid to landlords in 2022 for cropland increased from last year. Irrigated cropland rent averaged $143.00 per acre, $4.00 above last year. Dryland cropland rent averaged $61.50 per acre, $3.50 higher than a year earlier.
Average cash rent for irrigated cropland in Montana was $104.00 per acre in 2022, up $16.00 from the previous year. Average cash rent for non-irrigated cropland was $31.00 per acre in 2022, up $2.00 from the previous year. Average cash rent for pasture was $7.80 per acre in 2022, up $0.60 from the previous year.
Average and median per acre prices (for unimproved land) have remained fairly constant from 2020 ? 2022 with an average per acre price of $4,000+ and a median per acre price of approximately $2,000, both values notably higher from the two previous years (2018-2019).
A Montana month-to-month rental agreement is a lease between a landlord and tenant for the renting of property without an end date. The only way to terminate or change the lease is to provide notice of at least thirty (30) days or the notice period in the agreement, whichever is longer.
