When signing the Missouri lease agreement, the Tenant will be asked to pay the first (1st) month’s rent and any security deposits requested that can be up to the two months rent amount.
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Most Recent US Home Facts
- Population (2023): 334,914,895
- Median Households (2022): 125,736,353
- Median Household Income (2022): $75,149
- Owner-occupied Households (2022): 64.8%
Source: U.S. Census Bureau
Required Leasing Disclosures Forms
Security Deposit Requirements
Maximum Amount – Landlords can request the amount that is up to two (2) months rent.
Returning to Tenant – 30 days from the lease end date. An itemized list must be attached that explains any deductions taken out.
Source: § 535.300(1)
Landlord Rental Property Access
General Access – No law mandating Landlord access. It’s recommended that Landlords give Tenants at least 24-hours notice prior to entering the rental property unless it’s an emergency.
Paying Rent and Late Fees
Grace Period – The grace period should be written in the lease agreement as Missouri does not mandate grace periods.
Maximum Late Fee – No limit. Should be written in the lease agreement.
NSF Fees – $25 per bounced rent check. If a Tenant intentionally gives Landlord a bad check, the Tenant will be charge with a penalty criminally and will pay a fine of $750 or more.
Source: § 570.120(5)