This Notice of Intended Sale form is used by an individual owner to give notice of a sale that is scheduled to a bona fide purchaser for value.
Notice Of Intended Sale With Example
Category:
State:
Missouri
Control #:
MO-14-09
Format:
Word;
Rich Text
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Description
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How to fill out Missouri Notice Of Intended Sale - Individual Owner - Mo.Rev.Stats. Sec. 429.016?
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FAQ
The lease must be honored. Tenants have a right to stay in place until their lease ends. So, even if the house is sold, the lease can not change. If your tenants have a month-to-month lease, in California, they are entitled to a 60-day notice before the lease is cancelled.
This notice is required if the work is intended to ?facilitate? a sale of the property to a ?bona fide purchaser?. This notice must be recorded at least forty-five days prior to the earliest date on which the owner intends to close on the sale of the property, and it must provide the closing date.
The 120-day notice to sell in California requires both a verbal/oral notice as well as a written notice. It's important to know that after 24 hours have passed since you've given both notices you can begin showing the house.
A notice of intended sale limits the amount of time that contractors have to file a mechanics lien on the property. Typically, they have six months from the date of last work, but a notice shrinks this time to a 45-day window before closing.