Legislative

Investors know that legislation and government are key components to growing and protecting your real estate business. It is for this reason that MAREI has joined National REIA and Missouri Property Owners Association to keep our members updated on issues that affect your business.

Missouri Property Owners Association

Missouri Property Owners Association:  Established in 2017, Missouri POA is a not for profit organization devoted to protecting the rights of Missouri Property Owners.  Go to www.MissouriPOA.org today to learn more and to get involved.

Bill Tracking

Through MAREI’s Membership with National REIA, we are able to track current legislation for you.  To see what key bills are coming up on the agenda, please click here.

Here are the latest Updates

  • Contact YOUR Senator about the Seller Fonance Enhancement Act January 20, 2018 Seller Finance Coalition Grassroots Alert Happy New Year! SFC is ready to hit the ground running to get the Seller Finance Enhancement Act passed. With targeted Dodd-Frank relief being near the top of the Senate’s agenda for 2018, the time is now. At the end of 2017, the Senate Banking Committee approved a bipartisan bill (S. 2155) ...
  • Missouri Security Deposit Trust Accounts January 19, 2018 Currently, in Missouri State Law, Landlords are required to hold all tenant security deposits in a trust account.  Not many even know what that means, the cost to legally have a trust account is prohibitive, and not many follow the law.  These bills will repeal this law. HB1901:  Introduced by Representative Gary Cross of Lees Summit Summary:  This ...
  • Evictions – Implied Habitability – Jury Trials January 19, 2018 With court cases in Missouri changing many years of precedent, courts no longer require rent to be paid into court when a tenant is being evicted for non-payment of rent and at the same time the tenant is claiming they stopped paying rent because the unit was not livable but still lives there.  Combine that ...
  • Protecting Privacy in Privately Owned Rental Residences: Missouri HB1510 January 19, 2018 There is currently a Bill in the Missouri House that will protect the rights of the owners and occupants of privately owned Rental residences. HB 1510:  Introduced by Representative Gary L Cross of Lee’s Summit. Text:   No city or county shall adopt, enforce, or maintain a residential property licensing ordinance or resolution that includes a requirement for ...
  • Service Dogs in Missouri January 19, 2018 There are currently two bills in the Missouri House Regarding Service Dogs. HB 2031:  Introduced by Representative Chrissy Sommer from St Charles Missouri: Summary:  This bill specifies that anyone who knowingly represents a dog as a service dog for the purpose of receiving the accommodations afforded service dogs under the Americans with Disabilities Act is guilty of a class C misdemeanor and liable ...
  • 100s of Bills Prefiled for the 2018 Session in Missouri December 17, 2017 BT50.Widget({ backImage: 'flat', billSheet: '87034adc-1f59-4df6-9cd0-a420b84fb246', borderColor: '#9C9C9C', fontFamily: 'Verdana, Arial, Helvetica, sans-serif', fontSize: 10, linkColor: '#CD0A0A', height: 800, rows: '25', showPosition: false, ...
  • Missouri Supreme Court Ruling on Jury Trials in Rent & Possession Cases December 11, 2017 On December 5, 2017, the Missouri Supreme Court decided the case of Brainchild Holdings v. Cameron, holding that the parties in a rent & possession case have the right to request a trial by jury. Potentially, the results could be disastrous for landlords and for the court system. At the present time, especially in Jackson County, ...
  • Missouri Short Term Rental Owners Unite December 5, 2017 MAREI would like to make sure that all members of MAREI that invest in short-term and vacation rentals in Missouri know about Missouri Vacation Home Alliance.  If you invest in short-term rentals, plan to invest in them, or who rent them from time to time, you need to join Missouri Vacation Home Alliance. Find them online at ...
  • Update on the CFPB from the Seller Finance Coalition November 30, 2017 After Richard Cordray, the Consumer Financial Protection Bureau director since 2012, stepped down in Mid-November, President Trump announced the appointment of OMB director Mick Mulvaney (previous co-sponsor on the Seller Finance Enhancement Act) to become acting director of the agency on top of his duties with OMB. Subsequent to that President Trump’s announcement, then deputy director ...
  • Local Legislative Liaisons November 20, 2017 It takes a Village to accomplish anything these days and here at MAREI it is no different.  Every city across the metro is working on new rules and regulations, projects to improve or protect their citizens or to grow their tax base. There is no way that the management team at MAREI can keep track of ...