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.
Kansas City Missouri Notice of Intended Sale - Individual Owner - Mo.Rev.Stats. Sec. 429.016
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State:
Missouri
City:
Kansas City
Control #:
MO-14-09
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Word;
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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
Even if the debt exceeds the property value, you can still sell a house with a lien on it. First, start with an expert who can contact the lien holder to negotiate for a partial or full release of the lien. Judgments from creditors are rarely set in stone.
In Missouri, the lien claimant must file the mechanics lien with the clerk of the circuit court in the county in which the property is located ? and provide the required preliminary notices. There is no requirement, however, that the lien be served on any party subsequent to its recording.
A mechanic's lien must be filed with the Circuit Court in the county where the real property is located. Once a mechanic's lien is filed, the contractor, subcontractor, or supplier must then file a petition to enforce the mechanic's lien in the proper court within six months after the filing of the lien.
The notice of intended sale shall state the calendar date on which the owner intends to close on the sale of such property to such purchaser.
A construction lien is a claim made against a property by a contractor or subcontractor who has not been paid for work done on that property. Construction liens are designed to protect professionals from the risk of not being paid for services rendered.
Missouri Statute 429.005 et seq. grants general contractors, subcontractors, suppliers, and laborers the ability to assert a mechanic's lien for labor and materials provided to or incorporated into a property if the lien is properly filed within six months of the last date of work by the contractor/subcontractor.
A judgment lien is one way to ensure that the person who won the judgment (the creditor) gets what he or she is owed. A judgment lien gives the creditor the right to be paid a certain amount of money from proceeds from the sale of the debtor's property.
For owner-occupied residential projects of 4 units or less, only parties with a direct contract with the owner-occupier may assert a mechanics lien, unless the owner has signed a Consent of Owner document which allows mechanics liens by unpaid subs and suppliers.