Montana § 77-4-121 - Provisions Of The Lease
Full text of Montana Montana Code Annotated § 77-4-121 — Provisions Of The Lease, with citation guidance and answers to common questions.
§ 77-4-121. Provisions Of The Lease
Provisions of the lease. (1) A lease issued by the board gives the lessee, so long as the lessee complies with the terms and conditions of the lease, the exclusive right of possession of the lands or interests leased, subject to conditions contained in the lease. (2) In a geothermal resource lease granted there is reserved to this state the right to sell, lease, or otherwise dispose of the surface of the lands covered by the lease subject to the rights and privileges granted the lessee under the terms of the lease. (3) A lease must specify the rental and royalty to be paid, reasonable forfeiture provisions, and reasonable terms under which the lessee may, within a specified time, remove property placed on the leased lands upon the termination of the lease by forfeiture or by lapse of time. (4) The lease may contain other provisions that the board and the lessee agree upon that are not inconsistent with this part.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 77-4-121
What does Montana Code Annotated § 77-4-121 cover?
Section 77-4-121 ("Provisions Of The Lease") is part of the Montana Code Annotated, the codified statutory law of Montana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Montana § 77-4-121?
A common citation format is "Montana Code Annotated § 77-4-121" (Montana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Montana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Montana official source linked on this page or consult a licensed Montana attorney.
How does Montana § 77-4-121 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Montana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Montana.