Missouri Laws 429.629 – Appraisers and title examination service on commercial real estate to ..
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Terms Used In Missouri Laws 429.629
- Appraisal: A determination of property value.
- Contract: A legal written agreement that becomes binding when signed.
- Lien: A claim against real or personal property in satisfaction of a debt.
- person: may extend and be applied to bodies politic and corporate, and to partnerships and other unincorporated associations. See Missouri Laws 1.020
- State: when applied to any of the United States, includes the District of Columbia and the territories, and the words "United States" includes such district and territories. See Missouri Laws 1.020
- Trustee: A person or institution holding and administering property in trust.
Upon complying with the provisions of chapter 429*, any state certified real estate appraiser who performs any appraisal or appraisal service or title examination services for the owner, proprietor, or the agent, trustee, contractor or subcontractor of the owner or proprietor, on any commercial real estate and any person who performs title examination services upon commercial real estate pursuant to a written contract, shall have a lien upon such land and any improvements thereon owned by such owner or proprietor, in an amount sufficient to secure the payment for such appraisal or appraisal service or title examination services which have been completed.