Bill > HB2496

This bill requires that when a real estate sales contract is filed with a county recorder of deeds, the document must explicitly disclose the sales price of the property. If a contract is recorded without revealing the sales price, the purchaser will be subject to a civil penalty equal to five percent of the property's sales price, which can be pursued by either the state's attorney general or the local county prosecuting attorney. The only exception to this requirement is for instruments that are specifically conveying a mineral interest in real estate, meaning the sales price disclosure rule does not apply to transactions involving only mineral rights. The bill aims to increase transparency in real estate transactions by mandating that sale prices be publicly documented when property ownership is transferred.

https://house.mo.gov/Bill.aspx?bill=HB2496&year=2026&code=R