Missouri Residential Real Estate Purchase and Sale Agreement

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Updated May 20, 2022

A Missouri residential real estate purchase and sale agreement is a contract between a potential buyer and a seller of a property. The agreement must provide the terms of the buyer’s offer, including the amount offered, the deposit that they are able to guarantee, their methods of financing, and the date that their offer will close. Furthermore, if there are any appliances, furniture, or other physical property that the seller is including in the sale, these should also be listed in the contract. Once the purchase has been negotiated and both parties are in agreement, they may both sign the form to finalize the sale.

Table of Contents

Buyer Beware

As a “caveat emptor” state, real estate buyers in Missouri should be aware that sellers are not required by law to disclose any property defects, damages, or other deterrents that may affect the buyer’s decision to purchase the residence. However, the law does mandate that sellers inform buyers if the property was previously used for methamphetamine production. (§ 442.606)

Realtor Version

Missouri Realtors – Adobe PDF

Required Disclosures

Lead-Based Paint Disclosure – This statement must be given to buyers who are purchasing homes built before the year 1978 and informs them of the possible use of toxic lead-based paint on the premises.

Seller’s Disclosure Statement for Residential Property (Form DSC-8000) – Unlike most states, Missouri does not require the sellers of real estate to disclose information regarding a property’s condition. Nonetheless, completing and providing a disclosure statement can help reassure potential buyers.

Commercial Property

Commercial Purchase AgreementUse this agreement between a buyer and seller to purchase commercial property.

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(Video) Missouri Residential Purchase Agreements Explained