HB 2490 -- Neighborhood Improvement Districts

Sponsor:  Roorda

This bill requires any person who purchases property located in a
neighborhood improvement district to put into escrow of the
mortgage loan the amount that the city or county assessed on the
property.  The assessment must be disclosed to the person by both
the realtor and the mortgage lender.

Missouri House of Representatives
94th General Assembly, 2nd Regular Session
Last Updated October 15, 2008 at 3:12 pm