Missouri Real Estate Contract Fully Explained

Standardized Legal Documents Missouri Real Estate Contract Fully Explained

Need a Missouri Real Estate Contract? DoNotPay Can Help!

When you’re looking to buy a new property, you know that, at some point, you’ll need to sign a real estate purchase agreement. Different states have various rules regarding this particular legal document, and so does Missouri.

If you’re not sure how to write a contract or aren’t in a position to hire a lawyer to do it for you, we have a solution! DoNotPay will help you create a Missouri real estate contract in a few clicks!

What Is a Real Estate Contract Anyway?

A real estate contract is a legally binding document of a transaction made between two parties—a buyer and a seller of a property. It contains terms and conditions under which the transaction of the property will happen.


There are various kinds of real estate contracts, but these are the most common ones:

  1. Lease agreement
  2. Assignment contract
  3. Purchase agreement

Rules on Real Estate Contracts in Missouri

A Missouri real estate agreement must provide the following terms of the buyer’s offer:

  • The amount that the buyer offers
  • The deposit they can guarantee
  • The methods of financing
  • The date when the offer will close

The law of Missouri doesn’t require the seller to inform the buyer of any property defects or damages that could deter the buyer from purchasing the property. This is called buyer beware. The Missourian law only requires the seller to inform the buyer if the property was used for methamphetamine production.

What Should Your Missouri Real Estate Contract Contain?

Find information about what a Missouri real estate contract must contain in the table below:

Real Estate Agreement Section

Details

Parties
  • Full name of the seller
  • Full name of the buyer
Sales price The price of the property, which can be predetermined or negotiated
Inclusions and exclusions Any furniture ,appliances, or other physical property that the seller includes in the sale
Property description
  • Location (county, city, etc.)
  • Address
  • Size
Closing
  • The date of closing the deal
  • Closing costs
Financing The potential extension of the closing date if the buyer’s lender or closing agent can’t fulfill their obligations
Loss or condemnation The seller is responsible for any damage before the closing date
Signatures
  • Buyer’s signature
  • Seller’s signature
  • Signature of any other party involved

The Required Disclosures in Missouri Real Estate Contracts

The required disclosures in the State of Missouri are:

  • Lead-Based Paint Disclosure—If a buyer is purchasing a home built before 1978, the seller must inform them of the possible use of toxic lead-based paint on the property
  • Seller’s Disclosure Statement for Residential Property—In Missouri, the seller isn’t obligated to give information about the property’s condition, but this could be a useful statement for reassuring potential buyers

DoNotPay Is the King of Drafting Real Estate Contracts

As you now know, drafting a real estate contract by yourself can be tricky. Hiring a lawyer to do so for you can be costly. Not all is lost, though—you have DoNotPay by your side now!

Our app creates legal documents for you in a snap! The best part is—we don’t only deal with real estate contracts, but you can also get other types of personalized documents from us in a few clicks.

As soon as you sign up for DoNotPay, we can help you draw up the following:

The list of contracts that we can draw up for you is constantly expanding, so you’ll be able to find what you need on our website at any time.

Steps to Your Well-Written Real Estate Contracts

We have created a simple guide for you to follow and get the best real estate contracts that suit your needs. What you need to do is sign up for our platform and follow these steps:

  1. Enter the name of the document you need into our search bar
  2. Provide some information
  3. Download your contract

That’s it! After you download your contract, it’s ready for signing. If you need to get it notarized, DoNotPay can do it for you!

Get Any Document Notarized With DoNotPay

Getting documents notarized in person or using mobile notary services can be costly and tiresome. This is why DoNotPay created a special product for contract notarization.

If you need your Missouri real estate contract notarized, you can count on our AI-powered app to provide its assistance. After you upload your document, we’ll send you a link to your email address. Click on the link to schedule an appointment with an online notary who will check your identity and witness the signing of the document remotely.

You’ll get the notary’s stamp and signature, which will make your document carry more legal weight.

Explore DoNotPay’s Products and Save Both Time and Money

Are you sick and tired of spending ages on the phone with customer support trying to get more info about how to return a faulty product and get a refund? Maybe you’d like to cancel memberships you don’t use but can’t find that unsubscribe button anywhere? DoNotPay can help you sort out all of these issues in a jiffy!

Contest parking tickets, claim your car warranty and insurance, schedule a meeting with the DMV, and handle your other problems through the same app on your tablet or smartphone. 

Getting access to public records or drawing up various legal documents with DoNotPay is child’s play. 

That’s Not All!

The first thing you’ll notice when you open DoNotPay is that you can use our app for almost anything. 

Do you wish to enter raffles or sweepstakes? Are you interested in applying for paid clinical trials and earning some cash? Would you like to send mail without going to the post office? You’re in the right place!

We will help you feel safe while browsing the Internet by assisting you in blocking and reporting spam emails, suspicious text messages, and pesky robocalls.


Want your issue solved now?