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BULLET St. Louis City Revised Code Chapter 5.70 Real Estate Title Conveyance

St. Louis City Revised Code (annotated) has been converted to electronic format by the staff of the St. Louis Public Library. This electronic version has been done for the interest and convenience of the user. These are unofficial versions and should be used as unofficial copies.

Official printed copies of St. Louis City Revised Code may be obtained from the Register's Office at the St. Louis City Hall.



Chapter 5.70
Real Estate Title Conveyance

Sections:

5.70.010 Certificate of Value--Filing--Panel locator number.
5.70.020 Certificate of Value--Filing requirements--Exceptions--Penalty.
5.70.030 Certificate of Value--Required information--Exceptions.
5.70.040 Responsibility for filing and execution.
5.70.050 Forms.
5.70.060 Penalty for violation.

5.70.010 Certificate of Value--Filing--Panel locator number.

Before any deed or other instrument of conveyance of title to real estate in the City is presented to the Recorder of Deeds for recordation, the Grantees in such deed or other instrument, or their authorized representative shall:

A. File a Certificate of Value with the Assessor, who shall retain same and return a copy of the filed Certificate to the Grantee; and

B. Obtain from the Assessor the parcel locator number of each parcel described in said deed or instrument and same shall be affixed to the face of said deed or instrument.
(Ord. 60506 1, 1987.)

5.70.020 Certificate of Value--Filing requirements--Exceptions--Penalty.

A. The Certificate of Value shall be executed by Grantees or their authorized representatives on forms approved and supplied without charge by the Assessor and shall contain the street address of the grantees' principal place of residence, sufficient information to determine the full sales price and all other considerations for the property. The Grantees may attach to the Certificate such additional information pertaining to the true value of the property as they desire. In the event that such grantee is a partnership, corporation or other business entity the Certificate of Value shall contain the street address of the grantees' principal place of business and the name of at least one officer or shareholder of such partnership, corporation or other business entity and the street address of such person's principal place of residence. For purposes of this section a post office box shall not be accepted as a residential or business street address.

B. On or before August 1 of the first year after the year in which the provisions of the ordinance codified in this section become effective, and every two years thereafter, every owner of real property within the City of St. Louis shall file with the Office of the Assessor, on a form to be provided by and mailed by the Assessor, such person's name and the street address of such person's principal place of residence. The Assessor shall mail said forms to the address of record of said property owner on or before June 1.

C. In the event that such owner is a partnership, corporation or other business entity such entity shall file with the Office of the Assessor, on a form to be provided by the Assessor, the street address of the entities principal place of business and the name of at least one officer or shareholder of such partnership, corporation or other business entity and the street address of such person's principal place of residence.

D. For purposes of this section a post office box shall not be accepted as a residential street address.

E. The provisions of subsection B of this section shall not apply to any property which, according to the records maintained by the Assessor, is owned by a public utility, a railroad corporation as defined by Section 386.020 RSMo., an entity created by State statute or a political subdivision of the State of Missouri.

F. Any person, partnership, corporation or other business entity who fails to provide the information in the manner required by the provisions of this section, or who shall knowingly provide false or fraudulent information, shall be in violation of this section and shall be subject to a fine of not more than five hundred dollars ($500.00) or a term of imprisonment of not more than ninety (90) days or both a fine and imprisonment. Failure to comply with the provisions of this section shall constitute grounds, for property which is the subject of such certificate of value or filing, for condemnation for occupancy by the building commissioner.

G. It shall be a defense to an allegation that a person has failed to provide the information required by subsection B of this section if such person is both the owner and resident of such property, or that the information from a prior filing or certificate of value is currently in compliance with the information required by the provisions of this section.

H. The provisions of this section pertaining to mailing of notices by the assessor and filing before August 1 by owners of real property shall only be effective in years when the City of St. Louis adopts an appropriation ordinance providing for the funding of the administrative costs which may reasonably result from the implementation of such provisions.
(Ord. 65194 1--8, 2001: prior: Ord. 60506 2, 1987.)

5.70.030 Certificate of Value--Required information--Exceptions.

Information concerning full sales price and other considerations is not required to be included in a Certificate of Value before a transfer of title which is:

A. To or from the United States, the State of Missouri, or any other instrumentalities, agencies, or political subdivisions thereof;

B. Made solely for the purpose of confirming, correcting, modifying or supplementing a deed previously recorded, and without additional consideration;

C. Made solely for the purpose of securing or releasing security for a debt or other obligations;

D. On sales for delinquent taxes;

E. To cemetery lots;

F. By lease or other transfer of severed mineral interests;

G. By order of any court;

H. By deed between husband and wife, parent and child, without actual consideration; by deeds to or from a family corporation or partnership when all shares of stock are owned by members of a family, or a trust created for the benefit of a member of that family, related to one another within the fourth degree of kindred, and their spouses, for no consideration;

I. By deed of partition;

J. By deed made pursuant to merger, consolidation, sale or transfer of the assets of a corporation pursuant to a plan of merger or consolidation filed with the Missouri Secretary of State;

K. By executory contract for deed;

L. By deed of distribution executed by a personal representative conveying to devisees or heirs property passing by testate or intestate succession;

M. By lease or easement;

N. By deed which conveys property held in the name of any partnership, not a family, to any partner or his or her spouse.
(Ord. 60506 3, 1987.)

5.70.040 Responsibility for filing and execution.

The grantees in a deed or interest of conveyance of title to real estate and any person or legal entity authorized by such grantees to present such deed or other instrument for recordation (including each responsible officer and agent of any of the foregoing) are responsible for the filing and execution of a Certificate of Value pursuant to Sections 5.70.010 and 5.70.020 hereof.
(Ord. 60506 4, 1987.)

5.70.050 Forms.

The assessor shall prepare appropriate forms to implement this chapter and make said forms available at the Office of the Recorder of Deeds and at the Assessor's Office to any persons requesting same. Section 5.70.060 shall not become effective, nor shall such forms be required to be available, until thirty days after the effective date of the ordinance codified in this chapter or December 1, 1987, whichever is later.
(Ord. 60506 6, 1987.)

5.70.060 Penalty for violation.

It is a violation of this chapter for any person or legal entity responsible for filing a Certificate of Value pursuant to this chapter to:

A. Fail to have a Certificate of Value on file with the Assessor's Office before any recordation of a deed or other instrument of conveyance of title to real estate subsequent to the effective date of the ordinance codified in this chapter; or

B. Allow a Certificate of Value known by said person or legal entity to be false to remain on file with the Assessor's Office. Each day after the recordation of a deed or instrument with respect to which a Certificate of Value has not been filed, and each day on which a false Certificate of Value is allowed to remain on file, shall constitute a separate violation of this chapter, and each person who is convicted of any such violation shall be punished by a fine of not more than five hundred dollars ($500.00) for each such violation.

(Ord. 60506 5, 1987.)

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