Property Management
A Montana property manager handling a commercial lease renewal should review the existing lease for automatic renewal clauses because:
AAll Montana commercial leases automatically renew for 5 years
BSome leases include 'evergreen' clauses that automatically renew unless proper notice of non-renewal is given within a specific period✓ Correct
CRenewal clauses are not enforceable in Montana
DOnly residential leases in Montana have renewal provisions
Explanation
Some commercial leases include automatic renewal (evergreen) provisions that renew the lease for another term unless one party gives written notice of non-renewal within a specified period before expiration. Failing to give proper notice can bind parties to another lease term they did not intend.
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