Property Management
When a Missouri commercial tenant's business fails and they cannot pay rent, the landlord may:
AImmediately take possession without notice
BFollow the unlawful detainer process or negotiate a settlement/surrender of the premises✓ Correct
CConvert the security deposit to equity
DSue only after the lease expires
Explanation
Missouri landlords cannot self-help evict commercial tenants. They must follow legal eviction (unlawful detainer) procedures or negotiate a resolution. Commercial lease default provisions and the lease terms govern the landlord's remedies.
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