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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.
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INTENTION
References the applicable law and states the intended resale.
DATE, PARTIES & PROPERTY
Gives the date of the notice, name of Grantor/Grantee, and property address.
LEGAL DESCRIPTION
Gives the full legal description of the property.
DATE OF INTENDED CLOSING
States a date of at least 45 days after the date of this notice, at which time, the owner plans to sell the property.
SIGNATURE OF OWNER
The owner or its authorized agent signs the document.
NOTARY ACKNOWLEDGMENT
Notary acknowledges witnessing the owner sign the document.
Click on this icon to download and/or print a copy of our Notice of Intended Sale.
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