What is the default lease length for commercial properties if no length is specified?

In Montana, when no specific lease length is stipulated for commercial properties, the default duration is typically set at one year. This is consistent with common practice in commercial real estate, where longer lease terms are often the norm due to the nature of business operations and the investment involved in rental space. A one-year term provides a reasonable period for tenants to establish their businesses while offering landlords stability in their rental income.

It's important for property managers and landlords to be aware of this default term as it impacts the leasing strategy and potential negotiations. Understanding that a one-year lease is the default also aids in managing expectations for both tenants and landlords regarding lease renewals and tenant turnover.