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Capitol Update: April 4 | Eviction Moratorium and Restrictive Covenants

By Missouri REALTOR Party posted 04-04-2022 10:53 AM

  

Missouri REALTORS®,

On Wednesday, March 30 the House took up and perfected HCS for HB 1682 (Eviction Moratorium). The House adopted three amendments. Rep. Brown amended the title by removing the phrase “certain eviction proceedings” and replacing it with “regulation of real property.” Rep. Craig Fishel included a prohibition against political subdivisions requiring a pre-sale inspection, and Rep. Nick Schroer added a ban on HOA’s prohibiting real estate ‘for sale’ signs. The House then approved the bill by a voice vote.

Several members spoke in favor of the bill. Among them were Rep. Dan Houx, Rep. Hardy Billington, and Rep. Hannah Kelly. Rep. Mark Ellebracht challenged his colleagues in the Democratic Caucus to support the bill, citing the essential fairness of people paying their bills. The House will likely third read bills this week, and I expect HCS for HB 1682 to be approved and sent to the Senate.

Rep. Craig Fishel’s HB 1682 (Restrictive Covenants) has been placed on the House Bills for Third Reading-Consent Calendar. I expect it to be taken up and passed sometime this week, and then it’s on to the Senate.

Stay tuned for additional information as further discussion on these topics takes place.

Sincerely,

Sam Licklider
Chief Lobbyist, Missouri REALTORS®

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04-05-2022 01:49 PM

Sam, So the amendment with prohibition against political subdivisions requiring pre-sale inspections include a) Seller occupancy inspection? b) Fire Dept inspections? c) Rock Community Sewer inspection that requires a Seller to have a sewer lateral done and repairs before sale?
All of these are required to close on a sale depending on political subdivision. Some required both a Occupancy and Fire inspection.
Not to mention a buyer does there own inspections.

04-05-2022 11:52 AM

Thanks for your phone call, Sam.  Great input and I love your idea for catching these types of issues around our state that affect our industry.  We appreciate you and Jason and the entire Advocacy team!

04-05-2022 10:57 AM

And this is the first time, literally, I’ve been made aware of the problem. We all need to communicate better because we, your Advocacy Team, cannot fix problems we don’t know about. How do we fix this problem, (Communication) I welcome any and all suggestions.

04-05-2022 10:07 AM

I agree with Dean, the location of the sign is important.  For many years we had a development that prohibited for-sale signs in the yard, only the window.  It was very challenging for us to sell properties in this location due to the signage restriction. 

According to the most recent NAR report, it's in the top five and actually increased over the last report for how buyers found the property they purchased.  35% of buyers found their home from the yard sign.  *2021 Profile of Home Buyers and Sellers - National Association of REALTORS®

Thanks for the information, Sam.  Keep up the good work!

04-04-2022 08:45 PM

Sam,
HOA’s prohibiting real estate ‘for sale’ signs -- is not just prohibiting them, but also where they can be placed. For Example we have a subdivision that only allows signs inside the home in a window. None can be placed in the yard. --  Bill needs to go a little farther to cross the finish line.