Which regulation governs the handling of security deposits in Montana?

The handling of security deposits in Montana is governed by the Montana Residential Landlord and Tenant Act. This act provides comprehensive regulations that outline the obligations of landlords and tenants regarding security deposits, including how much can be collected, the conditions under which deposits can be withheld, and the necessary procedures for returning deposits at the end of a lease.

Understanding this framework is essential for both landlords and tenants to ensure that security deposits are managed fairly and legally. It helps protect tenants from unlawful retention of their deposits and clarifies the responsibilities of landlords when it comes to managing tenants' money.

While other laws like the Fair Housing Act address discrimination and the Consumer Protection Act covers deceptive practices, they are not specifically focused on security deposits. The Montana Security Deposit Law, while it suggests a law specifically covering deposits, is not the formal title of the relevant legislation. The comprehensive guidance found in the Montana Residential Landlord and Tenant Act makes it the correct reference for security deposit regulations.