Real Estate Seller Disclosure Statement (Form DSC-8000) – Unlike most states, Missouri does not require real estate sellers to disclose information about the condition of real estate. Nevertheless, completing and providing a disclosure statement can help reassure potential buyers. The property that is purchased (address and legal description) residential real estate purchase contracts usually contain promises and provisions guaranteeing the condition, security and / or value of a property. In most states, sellers must present a contract of sale at the same time as documents guaranteeing the condition of the property. However, Missouri law defines the buyer`s responsibility to determine if there are problems with the property. This is called the caution or reserve emptor buyer. Missouri law does not require the seller to give warranties of ownership unless they experience a problem that could harm the health or safety of the buyer. Several possible annexes may be available in case of purchase and sale of residential real estate. But since they are all optional, it is up to the parties to decide which of them should be prepared. Typically, a list of necessary supporting documents includes: the Missouri Real Estate Sale Contract defines the value of the property, the closing date of the transaction, the mutual obligations of the parties under the contract, and a final payment method. This agreement determines the date and nature of the inspections that the buyer will carry out before the purchase. In addition, this agreement sets out the details of the conclusion of the contract and the default options.
A contract to buy and sell residential properties in Missouri is a contract between a potential buyer and the seller of real estate. The agreement must contain the terms of the buyer`s offer, including the amount offered, the security it can guarantee, its financing methods and the date on which its offer is concluded. In addition, if there are appliances, furniture or other physical immovable property that the seller associates with the sale, these should also be included in the contract. . . .
