If such property is redeemed by payment to the officer before the sale, such officer shall make a certificate of such redemption, and acknowledge the same before some officer authorized to take acknowledgments of deeds for lands; and such certificate shall be recorded in the office in which the security instrument is recorded, and shall have the same effect as if a deed of release has been filed for record.
Mo. Rev. Stat. § 443.400
Redemption before sale
Known as the Missouri Secure and Fair Enforcement for Mortgage Licensing Act
The act spans §§ 443–443 (128 sections).
Applied in 1 court decision — leading case In re Olive Street Investments, Inc. (1989)
Most recently applied in In re Olive Street Investments, Inc. (October 1989)
Effective: 28 Aug 1994; (RSMo 1939 § 3475, A.L. 1994 H.B. 1312); Prior revisions: 1929 § 3088; 1919 § 2247; 1909 § 2852
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.