Creates provisions relating to certain disclosures by a real estate wholesaler

Summary

The bill adds a new section to Missouri law that obligates a wholesaler who intends to buy residential real property to provide the owner with a separate, bold‑face disclosure statement before a contract is signed. The disclosure must be signed by both parties and explains the wholesaler’s role, the possibility of assignment, and advises the owner to seek legal advice. Violations are treated as unlawful practices, allowing owners to cancel contracts and pursue legal action.

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