This office lease provision states that the parties desire to allocate certain risks of personal injury, bodily injury or property damage, and risks of loss of real or personal property by reason of fire, explosion or other casualty, and to provide for the responsibility for insuring those risks permitted by law.
Missouri Provision Allocation Risks and Setting Forth Insurance Obligations of Both the Landlord and the Tenant
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Landlords should: Make property habitable before tenants move in. Make and pay for repairs due to ordinary wear and tear. Refrain from turning off a tenant's water, electricity or gas. Provide written notice to tenants when ownership of the property is transferred to a new landlord.
In an assignmentThe tenant transfers all interest in the premises, along with all obligations., the tenant transfers all interest in the premises and all obligations. Thus the assignee-tenant is duty bound to pay the landlord the periodic rental and to perform all other provisions in the lease.
If the landlord fails to correct the condition within fourteen days after being notified by the tenant in writing or as promptly as required in case of an emergency, the tenant may cause the work to be done in a workmanlike manner and, after submitting to the landlord an itemized statement, including receipts, deduct ...
The landlord should be responsible for repairs caused by ordinary wear and tear and natural forces such as the weather. Tenants should pay for damages resulting from their own negligence or the negligence of a guest. If repairs are needed, ask the landlord to make repairs within a reasonable period of time.
The rule of subrogation known as the ?Sutton Rule? states that a tenant and landlord are automatically considered ?co-insureds? under a fire insurance policy as a matter of law and, therefore, the insurer of the landlord who pays for the fire damage caused by the negligence of a tenant may not sue the tenant in ...
? 1. A landlord may not demand or receive a security deposit in excess of two months' rent. 2. All security deposits shall be held by the landlord for the tenant, who is a party to the rental agreement, in a bank, credit union, or depository institution which is insured by an agency of the federal government.
Missouri landlord-tenant law outlines the legal rights and responsibilities of both landlords and tenants in the state. It covers issues such as lease agreements, security deposits, evictions, and repairs. The law also prohibits discrimination against tenants based on factors such as race, gender, and disability.
State and local laws can vary, but as a landlord, you will generally be responsible for providing your tenants with a ?habitable? dwelling, meaning that basic requirements for human occupancy such as having electricity, running water, a pest-free environment, and secure windows and doors must be met.