Summary of the Perfected Version of the Bill

HCS HB 836 & 753 -- FORECLOSURE SALE NOTICE FOR TENANTS (Curls)

COMMITTEE OF ORIGIN:  Special Committee on Urban Issues

In cases where a foreclosed property is lawfully occupied by a
residential tenant who is not in violation of any lease
agreement, this substitute prohibits any unlawful detainer
action, including eviction, to be taken against the tenant until
10 days after the date that the foreclosure sale occurred.  After
a foreclosure sale, the new owner of the property must provide
the tenant written notice of the foreclosure sale, that he or she
is the new owner, and that the tenant has 10 days to vacate the
property.  The tenant must receive notice by mail and by a
posting at the property.  The tenant will be responsible for
paying rent to the new owner at a rate equal to or less than the
rate paid to the previous owner.

FISCAL NOTE:  No impact on state funds in FY 2010, FY 2011, and
FY 2012.

Copyright (c) Missouri House of Representatives


Missouri House of Representatives
95th General Assembly, 1st Regular Session
Last Updated November 17, 2009 at 9:25 am