Commonly Missed Monopoly® Rules

I am quite often asked questions about playing Monopoly, and often this is because some people have grown up playing Monopoly® with their families or friends and have never sat down to read the rules through properly.

The following section will list some of the most commonly missed or incorrectly interpreted rules of Monopoly®. Some of this section may duplicate some of the information on the FAQ page, but it is better to have these points repeated than not written at all.


There are just 32 houses and 12 hotels in a full set of Monopoly®, if there were any more, the balance of the game would be affected. It would be very difficult to bankrupt opponents.
Once the 32 houses or 12 hotels have all been purchased, no more can be acquired. This rule can be used by some players to get an advantage, if they buy the last house, they know no more building can occur.

When houses or hotels are sold back to the bank, you only get half what you paid for them.

Buildings can be bought or sold, and other business can be conducted, at any time, between rolls of the dice. When transactions are being made, a brief pause should be observed.

You must build evenly, if you have two houses on Park Place, you can have no more than three houses on Boardwalk.


If you land on a property that you don't wish to buy, the bank immediately puts that property up for auction. All players can bid in the auction, the property is sold to the highest bidder.

Chance and Community Chest Cards

Once a Chance or Community Chest card has been drawn, it is placed, face down at the bottom of the pack. The pack is never reshuffled during a game.
It can often throw up some interesting situations, knowing that the "Street Repairs" card is coming up soon, when the board is loaded with houses and hotels, can be pretty scary!

Income Tax

Income Tax is calculated, taking into account all of your assets. So property and buildings are counted, not just cash on hand.
You must decide whether you are going to pay 10% or $200 before you total your assets.

The Bank

The bank cannot pay players for anything, other than houses and hotels, and that is only half of the purchase price.
The bank cannot loan money, except when a player wishes to mortgage property, and 10% interest is due on that loan, (see Mortgages).

If a player owes the bank more than his/her assets, the player is declared bankrupt, and the bank must immediately auction that player's property.


When a property is unmortgaged, 10% interest is paid to the bank.

If you are the new owner of mortgaged property, you must immediately pay the mortgage price and 10% interest to the bank.
If you don't unmortgage the property straight away, you still have to pay the 10% of the mortgage value. If at a later time, you unmortgage the property, you still have to pay the mortgage value plus the 10% interest.

As an example:
Boardwalk is mortgaged, mortgage value is $200.
If you are the new owner, you must pay $220, this unmortgages the property.
If you don't unmortgage instantly you must pay 10% of the mortgage value, i.e. $20. Later you have to pay $220 to unmortgage the property. Total cost = $240.


Once your assets are down to zero (or less than), you are declared bankrupt and you are out of the game. You can't go into debt.


A player can collect rent and conduct business while in jail.

If you fail to roll doubles three times in a row, you have to pay the $50, or use a "Get Out Of Jail Free" card if you have one.


Players cannot lend money to one another, or transfer houses between property. They can however, buy and sell anything else. Property, cash and "Get Out Of Jail Free" cards can be traded, with the seller getting whatever they can for assets.

Free Parking and GO

Nothing happens when you land on "Free Parking", no money or property is collected.

You don't collect $400 for landing on GO, instead you earn the normal $200.

My Monopoly Site

My Collection

Buy Monopoly Sets




Set Descriptions


My Sets for Sale
Countries and Cities
E-mail me

Monopoly®, the distinctive design of the game board, the four corner squares, as well as each of the distinctive elements of the board and the playing pieces are trademarks of Hasbro, Inc. for its real estate trading game and game equipment. ©1935, 1936, 1947, 1951, 1952, 1954, 1961, 1973, 1984, 1994, 1995, 1996, 1997, 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006 Hasbro, Inc.