Property Management
Under Missouri's Chapter 535, an eviction proceeding (unlawful detainer) typically begins when:
AThe tenant is 1 day late on rent
BThe landlord has served proper notice and the tenant has not complied, then filed in circuit court✓ Correct
CThe property manager files with MREC
DThe tenant voluntarily vacates
Explanation
Missouri eviction (unlawful detainer) proceedings begin after the landlord provides proper notice (rent demand, notice to vacate) and the tenant fails to comply. The landlord then files an unlawful detainer petition in the appropriate Missouri circuit court.
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Key Terms to Know
Earnest Money
A deposit made by the buyer when submitting a purchase offer, demonstrating serious intent and serving as consideration for the contract.
ContingencyA condition in a purchase contract that must be satisfied before the sale can proceed to closing.
Purchase AgreementA legally binding contract between a buyer and seller that outlines the terms and conditions of a real estate sale.
Option ContractA contract giving the buyer the right, but not the obligation, to purchase a property at a specified price within a specified time period.
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