Summary
In Missouri, landlords can raise rent for month-to-month leases without state-imposed limits, but must provide at least 30 days written notice. Local ordinances may have specific rules, so its important to check with your local housing authority or city government. You can find this information online by searching for your citys landlord tenant rules or rent increase ordinances. If planning a phased increase, ensure each step is clearly detailed in the notice and complies with local regulations.Full Conversation
I have tenants on a month to month lease. What is the maximum amount rent can be raised and is there a certain amount of time that needs to be between one increase to the next increase?
Hey Lesa! In Missouri, there are no state laws that limit the amount you can raise rent for a month-to-month lease. However, you must provide proper notice to your tenants before increasing rent:
- Provide at least 30 days' written notice for a rent increase.
- Ensure the new amount complies with any local ordinances.
If you have other questions about the lease, feel free to ask!
Complies with local ordinances.... More explanation please.
Hey Lesa! Local ordinances refer to rules or regulations set by city or county governments. They might impose restrictions or guidelines on rent increases specific to your area. It's important to check with your local housing authority or city government to ensure your rent increase follows any local requirements.
Can I find that info online? If so, what would Google to pull up that info? Would the Missouri landlord and tenant rules and regulations website be where I would find that?
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Hey Lesa! Yes, you can find information online about local ordinances regarding rent increases. You might want to Google your city's name followed by "landlord tenant rules" or "rent increase ordinances." Checking your local city government's website or housing authority site could also be helpful.
I also don't want to hit my tenant's with one big increase all at once. I'd like to give them some adjustment time. If I was going to make it a $* increase, as long as I stated the amounts and the dates specifically on the same increase notice, is there any issues with giving them the increase notice to take affect in 30 days, and increasing it $* then in 2 months, increasing it the other $* (making a total of the $*). I want to be nice and give them some adjustment or re-budgeting time, but still need to cover my ass legally
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Hey Lesa! It's thoughtful of you to consider your tenants' budgeting needs. As long as you provide a clear written notice detailing the schedule and amounts of the rent increases, and you comply with any local ordinances, you should be legally covered. Just make sure to provide at least 30 days' notice for each increase. If you have more questions, feel free to ask!
Ty for now
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You're welcome, Lesa! If you have any more questions in the future or need further assistance, feel free to reach out. Good luck with everything!