Changes the laws regarding real property to require the filing of a certificate of value before transferring an interest in real property
HB 1845 requires a "certificate of value" to be filed before any deed transferring an interest in real property can be recorded by county officials. This document must confirm whether the transaction was at arm's length and disclose the property's use and total consideration paid, with the responsibility falling on the grantee or their representative. The bill establishes a $10 filing fee for this certificate and sets a start date of January 1, 2025, while allowing for exemptions in cases involving corrections of prior deeds, transfers before that date, or transactions involving federal or Missouri entities. Additionally, the law clarifies that recorded data can be used for statistical purposes and outlines specific conditions under which the information may be disclosed to authorized parties.
Bill status
in committee
1 of 4 stages cleared
Introduction
Dec 2023
Committee Review
Floor Vote
Governor
Introduced Dec 7, 2023
Last action May 17, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
0
Committee
1
May 17, 2024
Committee
Referred: General Laws(H)
lower
Dec 7, 2023
Introduced
Prefiled (H)
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Sarah Unsicker
DDemocratic
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