Section 8 Security Deposits

• Library: Real Estate Leasing and Landlord-Tenant Actions and Remedies 2011

Under § 535.300.1, RSMo 2000, a residential landlord may demand a security deposit of up to two months’ rent. A security deposit is a deposit of money or property furnished by a residential tenant to the landlord to secure the performance of the lease agreement. Section 535.300.7. Landlords typically require a security deposit to protect against or repair damage to the premises caused by the tenant or to cover for nonpayment of rent. Any deposit by the tenant, other than a pet deposit, may be deemed a security deposit covered by...