Rent increase notice Missorui

[Mark Csongradi]

Hi everyone,

How far in advance do you have to give a rent increase notice in Missouri? My tenants' current year-to-year lease is about to expire and I will need to adjust the rent to current market rate. How far before the expiration of the lease do I have to notice them? Thank you all!!

[Nathan Gesner]

Quote from @Mark Csongradi:

It's important to know the law. From what I've read, Missouri does not have a statute requiring a certain amount of notice. Common practice is to give them 30 days notice. 

My policy is to give them a written notice with their options and a deadline. I offer a one-year lease at $XXXX, a month-to-month lease with a 25% increase over the annual lease rate, or they can move out on by their scheduled termination date. Include a deadline for their response and explain what will happen if they don't respond (automatically convert to monthly rate, terminated, or whatever).

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