Missouri Rental Agreement Templates
Missouri lease agreements are contracts between landlords and individuals interested in renting space on their property. Rental leases cover the terms of payment, the duration of the contract, and the various rules that the tenant must agree to. In many cases, lessors will demand that potential lessees undergo an application to determine their creditworthiness. Once both parties have signed the lease and the required payments (first (1st) month’s rent/safety deposit) have been made, the tenant will be granted access to the property.
Missouri Residential Lease Agreement
The Missouri residential lease agreement (“rental agreement”) is a written contract that legally allows a property owner and tenant to make an arrangement for the use of livable space in exchange for payment. Each party must follow the terms and conditions as written in the contract.
Missouri Month-to-Month Rental Agreement
A Missouri month-to-month rental agreement, also known as a ‘Tenancy at Will’, is when a tenant and landlord have come to terms over a rental arrangement that will renew every thirty days. The main difference between this real estate contract and a standard residential document is that there is no end date to this type of lease. Otherwise, all Missouri laws in reference to landlord and tenant rights remain the same, which is why the landlord should review the tenant’s credentials just the same as a long term lease.
Missouri Rental Application Form
The Missouri rental application form is part of the application process and allows landlords to access prospective tenants’ background information. This can help them choose the most viable tenant to rent or lease a property. Usually, each application form is accompanied by a small application fee.
Missouri Roommate Agreement
A Missouri roommate agreement is a legal contract binding all Signature Parties to the terms documented within it and the shared rental property. This acts as a reliable form of insurance that all the roommates, providing their signature, have provided consent to following terms and conditions. Additionally, and fundamentally, this document also acts as a guideline as to what was originally agreed to, the responsibilities assigned to each individual, as well as the considerations each individual may expect.
Missouri Commercial Lease Agreement
A Missouri commercial lease agreement is a contract that allows a tenant to make monthly payments to a landlord in exchange for the occupation of retail, office, or industrial space. The landlord may ask that a credit application be completed and, if it is a new business or franchisee, a personal guaranty may be required. A standard commercial lease is three (3) years and usually has options built into the lease that allows the tenant to renew at their sole discretion (also referred to as “options”). The landlord may be required to build the layout specific to what the tenant desires and, once the agreement is signed, it becomes legally binding.
Missouri Security Deposits
Maximum (Section 535.300) – Two (2) months’ rent.
Returning (Section 535.300) – Within thirty (30) days of the termination of tenancy by the landlord the deposit must be returned to the tenant.