Creates the "Missouri Residential Sale Leaseback Protection" act
SB 1684 creates Missouri's "Residential Sale Leaseback Protection Act" to safeguard homeowners entering sale leaseback deals, where they sell their home but lease it back. The bill requires buyers to provide a clear, single-page disclosure in bold type detailing key risks (like losing home ownership, eviction risks, and credit impacts) and listing recommended advisors. It mandates a 30-day cooling-off period before closing, during which sellers can cancel the agreement in writing without penalty and receive full refunds. Violations carry civil penalties up to $10,000 per incident, with sellers able to pursue damages, fees, and injunctions.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2026
Committee Review
Floor Vote
Governor
Introduced Feb 19, 2026
Last action Apr 16, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
0
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Tracy McCreery
DDemocratic
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