Missouri SS SB 834: SS/SB 834 - This act creates new provisions relating to mortgage modifications. MISSOURI RESIDENTIAL SALE LEASEBACK PROTECTION ACT (Section 442.920) The act creates the "Missouri Residential Sale Leaseback Protection" act, which regulates sale leasebacks. A sale leaseback is defined as a transaction or series of transactions in which a seller sells residential real estate that is or was the seller's residence to another party and, as a condition of the sale, or as part of the same or a related transaction, enters into a lease or rental agreement to remain in or re-occupy the property. In any sale leaseback transaction, a buyer is required to provide the seller with certain disclosures, described in detail in the act, alerting the seller of the nature of the transaction and advising them of certain actions they may wish to take. The disclosure must be provided to the seller not more than 10 days and not less than 3 business days before the execution of any sale leaseback agreement, and the disclosure shall be signed by both the seller and the buyer concurrently with the execution of the sale leaseback agreement. Violation of this act is subject to a fine of up to $10,000 per violation. The Attorney General is permitted to enforce this act by bringing a cause of action seeking injunctive relief, civil penalties, and restitution. A seller is also permitted to bring a civil action if harmed by a violation of this act. A seller may recover actual damages, statutory damages up to $10,000, attorneys' fees and costs, and any equitable or injunctive relief. This act may not be waived or modified by agreement of any party. These provisions are identical to provisions in the perfected SS/SB 973 (2026) and substantially similar to SB 1684 (2026). UNIFORM MORTGAGE MODIFICATION ACT (Sections 443.920 to 443.925) The act creates the Uniform Mortgage Modification Act, establishing new procedures with respect to modifications of mortgages. The act provides that, for any mortgage modification, as that term is defined in the act, all of the following apply: • The mortgage continues to secure the obligation as modified; • The priority of the mortgage is not affected by the modification; • The mortgage retains its priority regardless of whether a record of the mortgage modification is recorded in the public land records; and • The modification is not considered a novation. This act supercedes the federal Electronic Signatures in Global and National Commerce Act, as permitted by that Act, except as otherwise provided in this act. This provision contains various exceptions. SCOTT SVAGERA

Bill Text

4894S02.01S 
 1 
SENATE AMENDMENT NO. ___ 
Offered by                                Of                                               
 
Amend  SS/Senate  Bill No.  834 , Page  1 , Section  A , Line  3 , 
 
by inserting after all of said line the following: 2 
     "442.920.  1.  This section shall be known and may be  3 
cited as the "Missouri Residential Sale Leaseback Protection  4 
Act". 5 
     2.  For purposes of this section, the following terms  6 
mean: 7 
     (1)  "Buyer", any person or entity that acquires an  8 
ownership interest in residential real estate in a sale  9 
leaseback transaction; 10 
     (2)  "Residential real estate", real property that is  11 
improved by a building or other structure that has one to  12 
four dwelling units; 13 
     (3)  "Sale leaseback", a transaction or series of  14 
transactions in which a seller sells residential real estate  15 
that is or was the seller's residence to another party and,  16 
as a condition of the sale, or as part of the same or a  17 
related transaction, enters into a lease or rental agreement  18 
to remain in or re-occupy the property; 19 
     (4)  "Seller", any natural person who transfers an  20 
ownership interest in residential real estate in a sale  21 
leaseback transaction. 22 
     3.  (1)  In any sale leaseback transaction, the buyer  23 
shall provide the seller with the following disclosure on a  24 

4894S02.01S 
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single page in a clear and conspicuous manner, printed in  25 
boldface type: 26 
     (2)  The disclosure required by subdivision (1) of this  46 
subsection shall be provided to the seller not less than  47 
fourteen calendar days prior to execution of any sale  48 
leaseback agreement, and the disclosures shall be signed by  49 
both the seller and the buyer concurrently with the  50 
execution of the sale leaseback agreement. 51 
     (3)  A copy of the signed disclosure required by  52 
subdivision (1) of this subsection shall be provided to the  53 
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If you sign a sale leaseback agreement, you are 
entering into a contract to sell your home.  This 
means you will no longer own your home. 
  
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You may be subject to eviction if you do not follow 
the lease terms. 
  
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You may lose the right to buy back your home. 
  
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This may affect your credit, taxes, and legal 
rights. 
  
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You are encouraged to speak with: 
  
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(1)  An attorney; 
  
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(2)  A real estate agent; 
  
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(3)  A housing counselor; 
  
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(4)  A tax advisor; and 
  
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(5)  A real estate appraiser. 
  
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No sale leaseback can be closed for at least thirty 
(30) days after signing an agreement. 
  
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Do not sign unless you fully understand the terms. 
  

4894S02.01S 
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seller within five days of the execution of the sale  54 
leaseback agreement. 55 
     4.  There shall be no delivery, recording, or other  56 
transfer of title from seller to buyer until thirty days  57 
after the execution of any sale leaseback agreement. 58 
     5.  (1)  Any violation of the provisions of this  59 
section shall be subject to a civil penalty not to exceed  60 
ten thousand dollars per violation. 61 
     (2)  The attorney general may bring an action to  62 
enforce this section, including actions for injunctive  63 
relief, civil penalties, and restitution. 64 
     (3)  Any seller harmed by a violation of this section  65 
may bring a civil action to recover: 66 
     (a)  Actual damages; 67 
     (b)  Statutory damages of ten thousand dollars, which  68 
shall be in addition to any actual damages proven; 69 
     (c)  Attorneys' fees and costs; and 70 
     (d)  Equitable or injunctive relief. 71 
     6.  No provision of this section shall be modified or  72 
waived by any agreement.  Any portion of an agreement that  73 
is executed, modified, or extended after the effective date  74 
of this section that modifies or waives a duty or remedy  75 
under this section is void ab initio and unenforceable."; and 76 
     Further amend the title and enacting clause accordingly. 77