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Updated over 9 years ago on . Most recent reply

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16
Posts
1
Votes
Jeffery Neal
  • Investor
  • springfield MO
1
Votes |
16
Posts

How do I give notice that I am not renewing Lease - St Louis, MO

Jeffery Neal
  • Investor
  • springfield MO
Posted

I am closing on my first investment property a duplex in St Louis MO in about a month. I am using a VA loan and I am required to live in on of the units. One unit is month to month and has been for 6 years, the other has a lease until July of next year. How do I give notice to the month to month unit that I will not be renewing their lease correctly?

The tenant has already been unofficially notified that this is my intent through the real estate agents. During the inspection walk through the tent expressed their unhappiness with my decision to move into their unit. I just want to make sure if for whatever reason the tenant gets sue happy that I do everything correctly. 

Most Popular Reply

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186
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76
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Maggie L.
  • Property Manager
  • Saint Louis, MO
76
Votes |
186
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Maggie L.
  • Property Manager
  • Saint Louis, MO
Replied

Jeffrey,

I definitely recommend looking through the landlord guide for Missouri posted above, as well as the copy of the current resident's lease for guidance.  It is a month to month lease, so typically 30 days written notice (at the first of the month) is all that is required, BUT the tenant's lease (which you took on when purchasing the property) may state otherwise.  You should have already received a copy of the lease from the current owner, but if not get it IMMEDIATELY so you can look it over.

To be more thorough in you may want to spring for certified mail - make sure you have documentation of when it was sent and when it was received.  If you don't have a real estate attorney, it may be worth talking to one briefly.  There are also some great resources and even free classes on issues like this e.g. eviction, lease content, tenant screening through the Tower Grove Neighborhoods Community Development Corporation in St Louis.  I attended their eviction class last spring and they had many useful speakers - a real estate lawyer, police, as well as a panel of landlords.  I can send you info on this if you'd like.

The advice to be amicable is EXCELLENT, imo.  The last thing you want is someone unhappy as they move out.  One thing I'd like to ask: have you considered asking the other tenant to move out early?  There's no reason you can't alter their lease to end sooner; at the very least you can say that you tried but you're legally bound to let the person live there until the lease expires.

An offer to help them look for a new place may also go a long way to avoid a cash for keys/insurance claim due to damage scenario.  I'm a big fan of padmapper.com personally.

Maggie

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