SB1125

Missouri SB1125 establishes the Real Property Fraud Prevention Act to prevent fraudulent deeds.

Missouri SB1125, the Real Property Fraud Prevention Act, authorizes the recorder of deeds to reject and return defective deeds. The recorder must delay recording a deed for five working days to notify property owners. If the deed is deemed fraudulent, the recorder must delay recording for an additional two business days. The recorder must notify property owners by phone, text, fax, or email, and send written notice by mail. The recorder must not delay recording if the deed is reviewed by a licensed title company or submitted by a licensed real estate broker.