For agreements executed, modified, or extended after August 28, 2026, Missouri law requires a wholesaler acting as grantee—or the wholesaler’s representative—to give the record owner a separate statutory written disclosure at least fourteen calendar days before entering a contract that transfers an interest in one-to-four-unit residential property.
What Springfield homeowners should know
The statute defines covered wholesaling activity, requires both owner and wholesaler signatures, says the disclosure cannot be waived, and gives an owner cancellation rights before close of escrow if the required disclosure was not provided. Violations may be treated as unlawful practices under the Missouri Merchandising Practices Act.
This page is a plain-language overview, not the statutory form or legal advice. Whether a specific direct purchase, affiliate transfer, assignment, novation, or resale is covered depends on the facts. Read the official text and consult a Missouri attorney when the rule may apply.
Practical checklist
- Identify the record owner
- Determine whether the transaction is covered
- Use the exact statutory disclosure
- Deliver it at least 14 calendar days before contracting
- Keep signed and dated copies
How to make the decision
Title and legal questions are fact-specific. Use these pages to prepare questions, then confirm the answer with a Missouri title company or qualified attorney before signing or relying on a deadline.
A direct cash sale is one option—not the only option. You can request a written offer, compare it with a realistic agent net or another buyer’s terms, and decline if it does not fit. The property address, condition, ownership, title, occupancy, and deadline all matter.
Official resources
Use these primary sources to verify rules and local procedures. Laws and agency information can change.
Want an as-is offer for the actual property?
Call William at 417-742-8911 or use the property form below. Asking does not obligate you to sell.