This office lease clause states that the amount of the security deposit shall be increased to reflect the increase in Base Rent. The Owner shall at all times have and maintain two full months' Base Rent as security.
Missouri Clause Providing for the Periodic Increase in the Tenant Security to Reflect Increases in Base Rent
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FAQ
The landlord must provide the tenant with a 10-Day Notice to Quit that informs the tenant of their violation, and that they are about to be evicted. The notice gives the tenant 10 days to vacate the rental unit.
Missouri lease laws also do not regulate the frequency or amount of rent increases. Keep in mind that in Missouri, tenants have the right to withhold rent and "repair and deduct" if you as the landlord fail to conduct necessary maintenance and repairs.
A tenancy at will or by sufferance, or for less than one year, may be terminated by the person entitled to the possession by giving one month's notice, in writing, to the person in possession, requiring the person in possession to vacate the premises.
Landlords cannot refuse to sell, rent, sublease or otherwise make housing available based on a renter's race, color, religion, sex, disability, familial status or national origin. Landlords also cannot charge some individuals higher rent or falsely state that housing is not available for discriminatory reasons.
? 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.
441.050. Tenancy from year to year, how terminated. ? Either party may terminate a tenancy from year to year by giving notice, in writing, of his intention to terminate the same, not less than sixty days next before the end of the year.
Section 441.645 of the Missouri Revised Statutes states that if ?a residence is destroyed by an act of God, including but not limited to fire or a tornado, or other natural disaster or man-made disaster, so long as the tenant was not the person who caused the disaster, the tenant shall not be liable to the landlord for ...
441.234. Tenant may deduct cost of repair of rental premises from rent, when ? limitations.
