Creates the "Missouri Residential Sale Leaseback Protection" act
Second Read and Referred S General Laws Committee
Summary
The bill forces buyers in a sale‑leaseback transaction to give sellers a bold‑faced, single‑page disclosure at least three business days and no more than ten days before the agreement is signed. It also gives sellers the ability to cancel the deal without penalty after 30 days but before title transfers. Violations can be fined up to $10,000 and the Attorney General or harmed sellers may sue for damages.
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