Missouri HB2856 sets a cap on rental application fees landlords can charge prospective tenants.
Missouri HB2856 amends Chapter 441 of the Revised Statutes of Missouri by adding a new section that limits the rental application fees landlords can charge prospective tenants. The bill defines "rental application fee" and mandates that landlords use the fee to cover processing costs. If the fee exceeds these costs, landlords must return the excess to the tenant within 20 days. Landlords must also provide a receipt for any fee paid, either electronic or paper, depending on the tenant's request.
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