MO HB1544

Requires a certificate of value to be delivered to the county assessor before the recorder of deeds can accept any deed or instrument conveying residential, commercial, or industrial real property.

Certificate of value must report whether the transaction was at arms length, the full actual consideration paid or to be paid (including liens), and the actual or intended use of the property.

The grantee, their legal representative, attorney, real estate agent, broker, or title company representing the grantee is responsible for delivering the certificate of value to the assessor.

Exempts certain transactions from the financial data requirement, including transfers under $100, family transfers with nominal consideration, foreclosures, court-ordered transfers, and transfers to or from government entities.

Establishes a $10 filing fee for certificates of value and makes the information confidential and exempt from public disclosure under Missouri law, except for statistical and reassessment purposes; becomes effective January 1, 2013.