HB 2517 Missouri House · 2026 Regular Session

Creates provisions relating to certain disclosures by a real estate wholesaler

HB 2517, a proposed Missouri bill, requires real estate wholesalers (who buy property contracts to resell for profit) to provide a specific written disclosure to property owners before any binding agreement. The disclosure, printed in bold and clearly visible, explains the wholesaler's role, confirms the owner should seek legal advice, and states the wholesaler may sell the contract without the owner's consent. Property owners must sign this disclosure before a contract is finalized, and if the wholesaler fails to provide it, owners can cancel the deal without penalty and get their earnest money back within 30 days. The bill directly affects real estate wholesalers and property owners in Missouri transactions, with enforcement handled by the attorney general under Missouri's consumer protection laws.

Bill status passed 3 of 5 stages cleared

Introduction

Dec 2025

Committee Review

Apr 2026

House Passage

Apr 2026

Senate Passage

Governor

Introduced Dec 18, 2025 Last action Apr 29, 2026

Maddy AI version diff · 2 comparisons

What changed between versions

House Committee Substitute → Perfected · 4 edits

MODERATE

The bill was perfected to repeal three existing sections of the Missouri Revised Statutes and replace them with four new sections. This change updates the legal framework for real estate wholesalers, specifically revising the definition of who qualifies as a wholesaler and establishing new mandatory disclosure requirements for residential real property transactions.

Scope change

The bill's scope expanded from amending a single chapter to repealing and reenacting multiple sections across different chapters (407, 534, and 569), thereby creating a more comprehensive regulatory structure for real property transactions.

SCOPE

The bill text was changed from amending Chapter 407 to repealing sections 534.602, 534.604, and 569.200, and enacting four new sections to replace them.

ELIGIBILITY

The definition of a 'Wholesaler' was modified by removing an exemption for individuals who assign contracts to parents, affiliates, or subsidiaries under common control.

REQUIREMENT

New requirements were added mandating that wholesalers provide a specific written disclosure form to property owners at least fourteen days before entering a contract.

ENFORCEMENT

New provisions were added granting the Attorney General authority to enforce the section and allowing property owners to cancel contracts without penalty if disclosures were not made.

Floor votes

How they voted

This bill passed the House by voice vote (no roll call recorded).

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Apr 21, 2026

Committee

Second read and referred: General Laws(S)

upper

Apr 9, 2026

Lower · Passed

Third Read and Passed (H) - AYES: 130 NOES: 6 PRESENT: 1

lower

Apr 7, 2026

Lower · Passed

Perfected with Amendments (H) - HA 1, HA 2, adopted

lower

Apr 7, 2026

Lower · Passed

HCS Adopted (H)

lower

Feb 25, 2026

Lower · Passed

Reported Do Pass - Not Consent (H) - AYES: 6 NOES: 0 PRESENT: 0

lower

Feb 24, 2026

Lower · Passed

Voted Do Pass - Not Consent (H)

lower

Feb 12, 2026

Committee

Referred: Consent and Procedure(H)

lower

Feb 12, 2026

Lower · Passed

HCS Reported Do Pass by Consent (H) - AYES: 12 NOES: 0 PRESENT: 0

lower

Feb 10, 2026

Lower · Passed

HCS Voted Do Pass - Consent (H)

lower

Jan 27, 2026

Committee

Referred: Economic Development(H)

lower

Dec 18, 2025

Introduced

Prefiled (H)

lower

1 primary · 0 co-sponsors