NOTICE OF INTENDED SALE
The Notice of Intended Sale (NOIS) is used in Missouri (it is not used in Kansas). It was made law in MO in 2010. Anyone who purchases residential real estate and intends to repair and resell, must record a signed and notarized NOIS with the county recorder at least 45 days before the resale. It protects contractors from predatory developers who would sell the property before paying their bills.
*The section headings and summaries are for convenience only and are not to be used to interpret or define the terms of this Security Instrument.