HB 2248 -- Security Deposits

Sponsor:  Weter

This bill requires a landlord, within 30 days after the date of
the termination of a tenancy, to furnish the tenant or renter
with the estimated or actual cost for repairing or replacing each
item on the required list of damages for which any portion of the
security deposit is withheld.  The landlord must attach copies of
the paid receipts for the repair or replacement; and if the
estimated cost is given, the landlord must furnish the tenant or
renter with copies of paid receipts or a certification of the
actual costs of repairs within 60 days from the date of the
statement.  A landlord of 20 or more dwelling units must hold all
security deposits in a federally insured account, separate from
his or her own funds, and this account cannot be subject to the
claims of any creditor of the landlord.  At the time of receiving
a security deposit, a landlord must provide the tenant or renter
with a signed receipt indicating the date; amount of the deposit;
the name of the person receiving the deposit or, in the case of
an agent, the name of the landlord for whom the security deposit
is received; a description of the leased dwelling unit; and the
name and address of the financial institution that will hold the
deposit.

Missouri House of Representatives
95th General Assembly, 2nd Regular Session
Last Updated September 14, 2010 at 3:13 pm