Missouri Laws
Requirement to Record: An option to purchase real estate is not legally required to be recorded. However, recording protects the buyer from third-party claims against the property.[1]
Expiration: Missouri law does not explicitly define an expiration for constructive notice.
Maximum Term: No specific law limits the term of an option to purchase.
No Duration: If an option has no expiration date, it will expire with the end of the lease.
Signing Requirements: Must be in writing and signed by the seller.[2]
Required Disclosures (1)
1. Lead-Based Paint Disclosure & EPA Pamphlet – For properties built before 1978, tenants must be notified of the possibility of the presence of lead-based paint on the walls and ceilings.
Seller’s Disclosures (1)
1. Seller’s Disclosure Statement for Residential Property (Form DSC-8000) (optional) – 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.