HB 1800 -- Certificate of Value

Sponsor:  Fraser

This bill requires that a certificate of value containing the
actual amount of consideration or reasonable estimate of the true
current market value and a statement of actual or intended use of
property be filed with the assessor before the recorder of deeds
can accept the filing of any document by which any lands or other
interest in real property are conveyed to the purchaser or any
other person.  One copy of the certificate of value will be
forwarded to the State Tax Commission for use on certain
administrative tasks and one retained by the assessor for the
purpose of assisting in the implementation of a general
reassessment or an assessment and equalization plan.  Certain
exemptions from the requirements and penalties for violations are
specified.

The bill becomes effective January 1, 2007.

Missouri House of Representatives
93rd General Assembly, 2nd Regular Session
Last Updated November 29, 2006 at 9:44 am