MO HB1231

Joint tenants, tenants in common, or co-owners who fail to pay their pro rata share of delinquent real estate taxes or mortgage payments after a foreclosure or tax sale notice is published will be divested of their ownership rights in the property

The ownership interest of the non-paying party automatically transfers to the co-owner who pays the delinquent taxes or mortgage to cure the default and cancel the sale notice

The paying party may file an action in circuit court to formally declare the defaulting party divested of their rights, title, and interest in the property

Adds new section 443.1000 to Chapter 443 of Missouri Revised Statutes