Property Management
A Montana residential property manager discovers that a long-term tenant has been subletting part of the unit without permission. The manager should first:
AImmediately file for eviction
BReview the lease to determine if subletting is prohibited and then serve appropriate notice✓ Correct
CAllow it since the tenant has been there a long time
DContact the unauthorized subtenant directly
Explanation
The manager should first review the lease agreement to confirm whether subletting is prohibited. If it is, the appropriate course is to serve the tenant with a notice to cure or quit, following Montana's Residential Landlord and Tenant Act procedures before pursuing eviction.
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Key Terms to Know
Earnest Money
A deposit made by the buyer when submitting a purchase offer, demonstrating serious intent and serving as consideration for the contract.
ContingencyA condition in a purchase contract that must be satisfied before the sale can proceed to closing.
Purchase AgreementA legally binding contract between a buyer and seller that outlines the terms and conditions of a real estate sale.
Option ContractA contract giving the buyer the right, but not the obligation, to purchase a property at a specified price within a specified time period.
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