Montana Surface Tenant's Consent and Subordination (to Storage Lease)
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How to fill out Surface Tenant's Consent And Subordination (to Storage Lease)?
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FAQ
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.
A North Dakota month-to-month rental agreement is a lease that continues with no end date until either the landlord or tenant decides to terminate by giving thirty (30) days' notice.
What is Subordination? Subordination is putting something in a lower position or rank. Therefore, a subordination agreement puts the lease below the mortgage loan in priority. Mortgage lenders want the leases to be subordinate to the mortgage. That way, the mortgage loan is paid first if there is a foreclosure.
