Terms Used In Montana Code 30-19-101

• agreement: means an agreement between a lessor and a consumer that has the following characteristics:

  (a)the agreement governs the use of personal property by a person primarily for personal, family, or household purposes;

  (b)the agreement is entered into for an initial period of 4 months or less and is automatically renewable with each payment after the initial period;

  (c)the agreement does not obligate or require the consumer to continue renting or using the property beyond the initial period; and

  (d)the agreement permits the consumer to become the owner of the property. See Montana Code 30-19-103