MO HB404

Landlords cannot demand or receive security deposits exceeding two months' rent.

Landlords must return the full security deposit or provide a written itemized list of damages with estimated or actual repair costs and paid receipts within 30 days of tenancy termination; if estimated costs are provided, actual receipts must be furnished within 60 days.

Landlords may only withhold security deposits for unpaid rent, restoring the unit to its original condition (excluding ordinary wear and tear), or compensating for damages from inadequate notice of tenancy termination.

Landlords with 20 or more dwelling units must hold security deposits in a separate federally insured account, provide tenants with signed receipts, and transfer deposits to successor landlords with proper notice if the property is sold.

Tenants or renters may recover up to twice the amount of any wrongfully withheld security deposit as damages.