Skip to main content
DRAFT FOR ATTORNEY REVIEW — NOT FINAL

Lastra v. Intercontinental Investments Co., 745 S.W.2d 703 (1987)

Citation
Lastra v. Intercontinental Investments Co., 745 S.W.2d 703 (1987)
Parent Document
Lastra v. Intercontinental Investments Co., 745 S.W.2d 703 (1987)
Jurisdiction
Missouri (state)
Effective Date
1987-12-22

Full Text

742 chars
It is apparent from the language of § 535.300, RSMo 1986, that the rights of a landlord to receive and retain security deposits are sharply limited, both as to the period of time within which such deposits may be held and the purposes to which the deposits may be applied. For example, the statute precludes the taking of a security deposit in excess of two month’s rent, it requires an itemization of any damages for which a deposit is claimed as indemnity and it entitles the tenant to notice and an opportunity to be present when damages are inventoried. The tenant is granted an absolute right to a refund of the security deposit within thirty days unless all or a portion of the deposit is withheld for the damages the statute specifies.