Bill > HB2517

This bill introduces new regulations for "wholesalers" in real estate transactions, defining them as individuals or entities who contract to buy residential property and then assign that contract to someone else for a fee, with some exceptions for family members or affiliated businesses. Wholesalers acting as buyers must provide a written disclosure statement to the property owner at least fourteen days before signing a contract, clearly explaining their role, that they do not represent the owner, and that they aim to profit by assigning the contract. This disclosure must be signed by both parties, and failure to comply makes the contract voidable by the owner, who can cancel it before closing and recover any earnest money paid. The bill also modifies existing laws concerning the removal of "unlawful occupants" from "private noncommercial property" (property not intended for public use, such as a home or vacant land, but not necessarily a residential dwelling), allowing property owners to seek immediate court orders for removal and establishing procedures for law enforcement to enforce these orders, while also clarifying criminal mischief laws to include unlawful detention or occupation of private noncommercial property.

Business and Industry, Government Affairs, Justice

https://house.mo.gov/Bill.aspx?bill=HB2517&year=2026&code=R