Montana Code 77-3-511. Termination and surrender of lease
Current as of: 2023 | Check for updates
|
Other versions
77-3-511. Termination and surrender of lease. The lessee may at the termination of any rental year, by giving to the department 30 days’ previous notice in writing, surrender and relinquish such lease to the state and be thereupon discharged from any obligation not yet accrued.
Terms Used In Montana Code 77-3-511
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201
- Writing: includes printing. See Montana Code 1-1-203