SB 513 -- REAL ESTATE BROKER LIENS
SPONSOR: Dempsey (Diehl)
COMMITTEE ACTION: Voted "do pass" by the Committee on Judiciary
by a vote of 10 to 4.
Currently, real estate brokers must record a lien within 90 days
after the tenant takes possession of the leased property for the
lien to be valid. This bill requires the broker to record the
lien within 90 days after the date of occupancy or the date the
rental began as specified in the lease, whichever is later.
FISCAL NOTE: No impact on state funds in FY 2010, FY 2011, and
FY 2012.
PROPONENTS: Supporters say that the bill will correct a problem
real estate brokers have when liens don't justly attach because
of an agreement to defer rent payments for a long period of time
as an enticement for tenants.
Testifying for the bill was Senator Dempsey.
OPPONENTS: There was no opposition voiced to the committee.
Copyright (c) Missouri House of Representatives
Missouri House of Representatives
95th General Assembly, 1st Regular Session
Last Updated November 17, 2009 at 9:26 am