MO HB882

Extends the notice period for occupants of foreclosed residential properties from 10 business days to 90 days before the new owner can commence an unlawful detainer or possession action.

Requires the new owner of a foreclosed property to notify the occupant in writing by certified/registered mail (if name is known) or regular mail (if name is unknown) that a foreclosure sale has occurred.

Specifies that notice must be posted on the door of the premises and include the new owner's contact information, foreclosure sale date, and statement that the occupant has 90 days to vacate unless a rental agreement is reached.

Clarifies that occupying the property after foreclosure does not automatically create a tenancy between the new owner and the occupant.

Allows the new owner to voluntarily enter into a rental or lease agreement with the occupant, and permits the occupant to remain if such an agreement is reached.