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DRAFT FOR ATTORNEY REVIEW — NOT FINAL

Section 28

Citation
Section 28
Parent Document
Schnucks Carrollton Corp. v. Bridgeton Health & Fitness Inc., 884 S.W.2d 733 (1994)
Jurisdiction
Missouri (state)
Effective Date
1994-10-11

Other Sections in This Document (77)

Full Text

514 chars
In this case Schnucks recovered a judgment on monies due under the written lease and also on rentals due on the month to month tenancy. The written lease provided for 18% interest on the unpaid lease payments; however, the oral agreement did not provide for a specific rate of interest. Under these circumstances the written lease controls the rate of interest for payments due and not paid under the lease. Section 408.020 controls the rate of interest for payments due and not paid on the month to month tenancy.